BAKU, Azerbaijan, Oct. 13
By Elnur Baghishov – Trend:
The Iranian Persian Gulf Star Oil Company sold products worth 14.7 trillion rials (about $55.6 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.
Within the mentioned month, the Persian Gulf Star Oil Company sold 120,000 tons of light naphtha products on the international floor of the IRENEX.
Furthermore, the company sold 10,000 tons of liquefied petroleum gas (LPG) on the international floor of the Iran Energy Exchange in the first month.
A total of 36 trillion rials (about $133 million) worth of products were sold at the IRENEX in the first month.
The products at Iran Energy Exchange (IRENEX) are sold under the SANA exchange rate.
The SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is 306,354 rials, and the price of $1 is 265,476 rials.
As reported, Iran's Persian Gulf Star Oil Company is located in the Hormozgan Province (southern Iran). The company can produce 47 million liters of gasoline daily in accordance with Euro 5 standard. In addition, the company produces naphtha, heavy distillate, various types of solvent, LPG and other products.
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