BAKU, Azerbaijan, Oct. 7
By Elnur Baghishov – Trend:
The Iranian Shiraz Oil Refining Company sold products worth about 298 billion rials (about $1.09 million) at the Iran Energy Exchange (IRENEX) in the 1st month of the current Iranian year (March 21 through April 20, 2021), said the official IRENEX report obtained by Trend.
According to the report, the Shiraz Oil Refining Company sold 75 tons of iso feed, 90,000 liters of solvent 404 products on the domestic floor of the IRENEX in the 1st month.
The company also sold 2,400 tons of iso recycle product on the international floor of the Iran Energy Exchange over the reporting month.
As reported, Iran's Shiraz Oil Refining Company is located in the Fars Province (southern Iran). The company can process 40,000 barrels of crude oil daily. In general, the company produces liquefied petroleum gas (LPG), gasoline, aviation fuel, diesel, mazut, iso recycle, iso feed, bitumen, sulfur, and others.
A total of 36 trillion rials (about $133 million) worth of products were sold at the IRENEX in the first month.
Reportedly, the products at Iran Energy Exchange (IRENEX) are sold under the SANA exchange rate. SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is currently 315,866 rials, and the price of $1 is 272,075 rials.
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