BAKU, Azerbaijan, December 24. The value of total sales at the Iran Energy Exchange (IRENEX) amounted to 111 trillion rials (about $366 million) in the 9th month (November 22 through December 21, 2022), Trend reports citing the IRENEX.
Overall, about 455,000 tons of hydrocarbon products worth 75.5 trillion rials (about $249 million) were sold at the Iran Energy Exchange within the mentioned month.
During the 9th month, about 24.2 trillion rials (about $79.7 million) worth of products were sold on the domestic floor of the energy exchange, which is a decrease of 25.4 percent in value compared to the 8th month (October 23 through November 21, 2022). The figure stood at 32.4 trillion rials (about $107 million) in the 8th month.
The main goods sold in the domestic floor were Raffinate, heavy distillate, reformate, methanol, liquid nitrogen, etc.
In addition, 51.3 trillion rials (about $169 million) worth of goods were sold on the international floor of the IRENEX for the 9th month, which is an increase of 102 percent in value compared to the 8th month. So, the figure was 25.3 trillion rials (about $83.5 million) in the 8th month.
The main goods sold in the international floor were light and heavy naphtha, distillation tower residue, diesel, etc.
Moreover, 608 million kilowatt-hours of electricity worth 448 billion rials (about $1.47 million) were sold at the IRENEX within the mentioned period.
At the same time, Standard Parallel Salaf (Islamic contract, similar to futures) documents worth 35 trillion rials (about $116 million) were also sold at the energy exchange in the 9th 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 322,101 rials, and the price of $1 is 303,222 rials.
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