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Oil products to be put up for sale at Iran Energy Exchange

Business Materials 23 February 2020 12:42 (UTC +04:00)
Oil products to be put up for sale at Iran Energy Exchange

BAKU, Azerbaijan, Feb. 23

By Elnur Baghishov – Trend:

Various oil products will be put up for sale at the Iran Energy Exchange (IRENEX) on Feb. 23, Trend reports referring to IRENEX.

Iso recycle, iso feed, solvent 402, solvent 404 and reformate of Tabriz Oil Refining Company, iso recycle, iso feed, naphtha, solvent 410, solvent 404 and unprocessed heavy naphtha of Shiraz Oil Refining Company, solvent 402 of Bandar Abbas Oil Refining Company, solvent 402 and heavy naphtha of Tehran Oil Refining Company, gas condensates of Ilam Gas Treating Company, normal hexane of Shazand Oil Refining Company, light naphtha of the Persian Gulf Star Oil Company and liquid nitrogen products of the Mobin Petrochemical Company will be put up for sale at the domestic ring of the exchange.

This is while solvent 402 of the Kermanshah Oil Refining Company, naphtha products of the Persian Gulf Star Oil Company will be put up for sale at the international ring of the exchange.

On Feb. 22, reformates of Bouali Sina Petrochemical Company and industrial liquefied gas of Bandar Imam Petrochemical Company were sold at the domestic ring of the exchange.

A total of 3,000 tons of oil products worth 226 billion rials (about $1.5 million according to SANA exchange rate) were sold on Feb. 22.

SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is 153,876 rials, and the price of $1 is 141,595 rials.

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