Baku, Azerbaijan, May 23
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 23 are:
International ring:
-2,000 tons of liquid gas from Shazand Oil Refining Company to Afghanistan;
-2,000 tons of diesel from National Iranian Oil Products Distribution Company for Afghanistan.
Domestic ring:
-1,012 tons of heavy cut from Shazand Petrochemical Company;
-4,000 tons of light naphtha from Bandar Abbas Oil Refining Company;
-3,000 cubic meters of 402 solvent from Bandar Abbas Oil Refining Company;
-1.5 million liters of 402 solvent from Tehran Oil Refining Company;
-3,000 tons of heavy naphtha from Tehran Oil Refining Company;
-700 tons of Iso recycle from Shiraz Oil Refining Company;
- 14,500 kilowatt hours of electricity from Damavand Combined Cycle Power Plant.
Total value of the deals in the rings amounted to 460.73 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 23)