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­­­Iran’s IRENEX reveals products to be on sale for May 28

Business Materials 28 May 2024 10:03 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, May 28. Iran Energy Exchange (IRENEX) will sell 146,000 tons of various hydrocarbon products on May 28, Trend reports.

Of the mentioned volume, 21,600 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:

- Abadan Oil Refinery Company's 4,000 tons of CO (cycle oil), 3,000 tons of heavy naphtha, 3,000 tons of light naphtha, 1,000 tons of iso feed, and 1,000 tons of pentane

- Bouali Sina Petrochemical Company's 3,000 tons of raffinate, 3,000 tons of heavy hydrocarbons, and 2,000 tons of reformate

- Bandar Imam Petrochemical Company's 308 tons of heavy distillate and 300 tons of industrial liquefied gas

- Tabas Parvadeh Coal Company's 300 tons of heavy tar oil

- Persian Gulf Fajr Energy Company's 200 tons of liquid nitrogen and 50 tons of oxygen

- Bandar Abbas Oil Refining Company's 148 tons of solvent-402

- Zarand Steel Company's 120 tons of oxygen

- Bushehr Petrochemical Company's 88 tons of pentane plus and 60 tons of liquid nitrogen

- Arka Chemical Medical Industry Company's 22 tons of liquid nitrogen

Furthermore, nearly 124,000 tons of products will be on sale on the Iran Energy Exchange's export ring:

- National Gas Company's 70,500 tons of liquefied petroleum gas (LPG)

- Lavan Oil Refining Company's 32,000 tons of naphtha

- Abadan Oil Refining Company's 22,000 tons of naphtha, 11,000 tons of LPG, and 5,000 tons of LCO (light cycle oil)

- Bouali Sina Petrochemical Company's 4,000 tons of heavy hydrocarbons, 3,000 tons of raffinate, and 1,000 tons of LPG

- National Petroleum Products Distributor Company's 4,000 tons of aviation turbine kerosene (ATK)

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

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

- Tabriz Petrochemical Company's 450 tons of pentose (C7-C9) and 200 tons of pentane

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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