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­­­Iran’s IRENEX reveals products to be on sale for April 3

Business Materials 3 April 2024 09:55 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, April 3. Iran Energy Exchange (IRENEX) will sell 106,000 tons of various hydrocarbon products on April 3, Trend reports.

Of the mentioned volume, 12,400 tons will be on sale on the domestic ring of the energy exchange.

The following goods are to be offered on the Iran Energy Exchange's domestic ring:

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

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

- Shimibaft Petrochemical Company's 1.000 tons of MTBE

- Bandar-Imam Petrochemical Company's 400 tons of liquefied petroleum gas (LPG), 286 tons of heavy distillate, 276 tons of MTBE

Furthermore, 94,000 tons of products will be on sale on the Iran Energy Exchange's export ring:

- Kangan Oil Refining Company's 44,000 tons of liquefied gas (propane and butane), 21,000 tons of pentane

- Bouali Sina Petrochemical Company's 15,000 tons of raffinate, 4,000 tons of heavy hydrocarbons, 1,000 tons of liquefied gas (LPG)

- Shimibaft Petrochemical Company's 5,000 tons of raffinate 2,300 tons of MTBE

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

The Iran Energy Exchange's hydrocarbon sales are vital to the economy. Iran plans to boost exports while giving domestic industries hydrocarbon products via energy exchange.

Iran Energy Exchange (IRENEX) sells its products at the SANA exchange rate.

The sale of hydrocarbons on the Iran Energy Exchange is vital to the country's economy. Iran seeks to boost exports and provide hydrocarbon products to local businesses through energy exchange.

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