Baku, Azerbaijan, July 8
Trend:
The products traded at Iran Energy Exchange (IRENEX) on July 8:
Domestic ring:
-1 million liters of 404 solvent from Shiraz Oil Refining Company;
-2,400 cubic meters of 402 solvent from Bandar Abbas Oil Refining Company;
-2,000 tons of CO from Abadan Oil Refining Company;
-8,008 tons of gas condensates from Ilam gas refining Company;
-1,500 tons of Iso Recycle from Shiraz Oil Refining Company;
- 1 million liters of naphtha and 410 solvent blending from Shiraz Oil Refining Company.
Total value of the deals in the rings amounted to 475.29 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 = 42,900 rials on July 8)