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­­­Iran’s IRENEX reveals products to be on sale for March 11

Business Materials 11 March 2024 10:39 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 11. Iran Energy Exchange (IRENEX) will sell 43,600 tons of various hydrocarbon products, Trend reports.

Of the mentioned volume, 29,800 tons will be on sale on the domestic ring of the energy exchange.

The following goods are to be offered:

- Isfahan Oil Refining Company 's 5,000 tons of iso recycle, 5,000 tons of iso feed

- Kermanshah Oil Refining Company's 4,000 tons of heavy naphtha

- Shiraz Petrochemical Company's 3,050 tons of methanol

- Zagros Petrochemical Company's 2,400 tons of methanol

- Kave Methanol Company's 1,800 tons of methanol

- Shazand Petrochemical Company's 1,500 tons of heavy distillate

- Arta Energy Company's 1,000 tons of methanol

- Bushehr Petrochemical Company's 1,000 tons of methanol

- Bolur-Kavir Mines and Mining Industry Development Company's 1,000 tons of coal

- Shimibaft Petrochemical Company's 1,000 tons of MTBE (methyl tert-butyl ether)

- Bandar-Abbas Oil Refining Company's 848 tons of solvent-402

- Khuzistan Steel Company's 440 tons of liquid nitrogen, 440 tons of liquid oxygen

- Jam Petrochemical Company's 400 tons of heavy distillate

- Bandar-Imam Petrochemical Company's 276 tons of MTBE

- Tabriz Petrochemical Company's 200 tons of heavy distillate, 150 tons of fuel oil, 60 tons of pentane, 42 tons of liquid nitrogen

- Sabalan Petrochemical Company's 200 tons of methanol

Furthermore, 13,800 tons of products will be on sale on the Iran Energy Exchange's export ring:

- Abadan Oil Company's 6,000 tons of LCO (light cycle oil)

- Shimibaft Petrochemical Company's 3,000 tons of raffinate-2, and 3,000 tons of MTBE

- Bandar Imam Petrochemical Company's 1,040 tons of MTBE

- Tabriz Petrochemical Company's 600 tons of pentose (pentose) (C7-C9)

- Arta Energy Company's 200 tons of methanol

The Iranian Energy Exchange's hydrocarbon sales are critical to the economy. Iran intends to increase exports while simultaneously transferring hydrocarbon products to domestic industry through energy exchange.

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