BAKU, Azerbaijan, Oct. 7
By Elnur Baghishov – Trend:
The Iranian Bandar Abbas Oil Refining Company sold products worth 672 billion rials (about $2.47 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 IRENEX, the company sold 6.03 million liters of solvent 402 product on the domestic floor of the Iran Energy Exchange over the first month.
At the same time, the Bandar Abbas Oil Refining Company sold 1,125 tons of iso recycle product on the domestic floor of the IRENEX during the reporting month.
As reported, Iran's Bandar Abbas Oil Refining Company processes 350,000 barrels of crude oil and gas condensate per day. In this regard, the company ranks third among Iranian oil companies. The company produces liquefied petroleum gas (LPG), gasoline, white oil, diesel, mazut, solvent 402, lube cut, sulfur, and other products.
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.
---
Follow the author on Twitter:@BaghishovElnur
