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­­­Iran’s IRENEX reveals products to be on sale for March 12

Business Materials 12 March 2024 10:50 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 12. Iran Energy Exchange (IRENEX) will sell 135,000 tons of various hydrocarbon products, Trend reports.

Of the mentioned volume, 19,600 tons will be on sale on the domestic ring of the energy exchange.

The following goods are to be offered:

- Shazand Oil Refining Company's 4,500 tons of CSO (clarified slurry oil);

- Persian Gulf Bid-Boland Gas Processing Company's 4,000 tons of pentane, 400 tons of butane;

- Bouali Sina Petrochemical Company's 3,000 tons of raffinate;

- Ilam Petrochemical Company's 3,000 tons of pyrolysis gasoline (PYG);

- Bandar Abbas Oil Refining Company's 2,000 tons of naphtha;

- Tehran Oil Refining Company's 800 tons of iso recycle, 200 tons of propane;

- Amir-Kabir Petrochemical Company's 750 tons of heavy distillate;

- Bandar-Imam Petrochemical Company's 400 tons of liquefied petroleum gas (LPG), 286 tons of heavy distillate;

- Persian Gulf Fajr Energy Company's 200 tons of liquid nitrogen;

- Sorena Arka Chemical Medical Industrial Company's 22 tons of liquid nitrogen.

Furthermore, 115,000 tons of products will be on sale on the Iran Energy Exchange's export ring:

- Persian Gulf Star Oil Company's 35,000 tons of naphtha, 14,000 tons of butane, 12,000 tons of LPG;

- Lavan Oil Refining Company's 32,00 tons of naphtha;

- Shazand Oil Refining Company's RCD (Reduced Crude Desulfurization) unit's 10,000 tons of processed residue (ATR-140);

- Bistoon Petrochemical Company's 5,000 tons of raffinate;

- Bouali Sina Petrochemical Company's 3,000 tons of raffinate, 2,000 tons of LPG;

- Isfahan Oil Refining Company's 1,770 tons of solvent-402;

- Tabriz Petrochemical Company's 200 tons of pentane.

The hydrocarbon sales of the Iranian Energy Exchange are vital to the economy. Iran plans to enhance exports while also transferring hydrocarbon products to domestic industries via energy exchange.

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