BAKU, Azerbaijan, April 6. Iran Energy Exchange (IRENEX) will sell 67,900 tons of various hydrocarbon products on April 6, Trend reports.
Of the mentioned volume, 3,880 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:
- Kangan Oil Refining Company's 3,000 tons of pentane
- Khuzistan Steel Company's 440 tons of liquid oxygen, and 440 tons of liquid nitrogen
Furthermore, 64,000 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)
- Abadan Oil Refining Company's 20,000 tons of LCO (light cycle oil)
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.
IRENEX sells its products at the SANA exchange rate.
The sale of hydrocarbons on IRENEX 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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