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Iran Energy Exchange performance on May 22

Business Materials 22 May 2018 20:53 (UTC +04:00)

Baku, Azerbaijan, May 22

Trend:

The products traded at Iran Energy Exchange (IRENEX) on May 22 are:

International ring:

-5,100 tons of liquid gas from Lavan Oil Refining Company;

-1,000 tons of aviation fuel (ATK) from National Iranian Oil Products Distribution Company for Afghanistan.

Domestic ring:

-700 tons of methanol from Zagros Petrochemical company;

-2,420 tons of methanol from Shiraz Petrochemical company;

-1,000 tons of heavy cut from Jam Petrochemical Company.

Total value of the deals in the rings amounted to 210.4 billion rials.

IRENEX is a market for trading energy futures and commodities, including oil, gas, electricity, petrochemicals and oil byproducts. It was launched in 2013 as the fourth official Iranian exchange and operates under the supervision and regulations of the Securities and Exchange Organization of Iran.

More than 100 companies, including petrochemical plants, refineries and power plants offer their commodities at the exchange, according to the IRENEX website.

($1 = 42,000 rials on May 22‎)

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