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Iran’s IRENEX reveals products to be on sale for July 2

Business Materials 2 July 2024 10:16 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, July 2. The Iran Energy Exchange (IRENEX) will sell nearly 149,000 tons of various hydrocarbon products on July 2, Trend reports.

Of the mentioned volume, 29,900 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:

- Shazand Oil Refining Company's 6,000 tons of CSO (clarified slurry oil), 3,000 tons of LCO (light cycle oil), 1,500 tons of pentane, and 1,000 tons of ISO feed

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

- Abadan Oil Refining Company's 3,000 tons of CO (cycle oil), and 1,000 tons of ISO feed

- Shazand Petrochemical Company's 3,000 tons of gasoline

- Ilam Petrochemical Company's 2,500 tons of gasoline

- Bandar Abbas Oil Refining Company's 1,060 tons of solvent-402

- Amir-Kabir Petrochemical Company's 500 tons of heavy distillate

- Isfahan Oil Refining Company's 356 tons of solvent 502

- Bandar Imam Petrochemical Company's 300 tons of industrial LPG (liquefied petroleum gas), 220 tons of heavy distillate, and 100 tons of industrial propane gas

- Fajr Energy Company's 200 tons of liquid nitrogen

- Bushehr Petrochemical Company's 110 tons of pentane plus and 60 tons of liquid nitrogen

Furthermore, 118,770 tons of products will be on sale on the Iran Energy Exchange's export ring:

- Abadan Oil Refining Company's 70,000 tons of diesel, 8,000 tons of LCO, and 7,000 tons of LPG

- Shazand Oil Refining Company's 10,000 tons of ATR-140 residue from the RCD (residual current device) unit

- Fars Gulf Star Oil Company's 6,000 tons of LPG, and 6,000 tons of butane

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

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

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

- Tabriz Petrochemical Company's 500 tons of pentose (C7-C9)

- Kangan Oil Refining Company's 500 tons of pentane plus

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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