Iran Energy Exchange performance on July 22
Baku, Azerbaijan, July 22
The products traded at Iran Energy Exchange (IRENEX) on July 22:
-1.5 million liters of 410 solvent and naphtha blending from Shiraz Oil Refining Company;
-1.32 million liters if 402 solvent from Tabriz Oil Refining Company.
Total value of the deals in the rings amounted to 81.05 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 = 43,600 rials on July 22)