BAKU, Azerbaijan, July 2. Approximately 8,400 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX), on July 2, Trend reports.
The products will be on sale on the domestic floor of the energy exchange.
The following goods are to be offered:
- Iranian Esfahan Oil Refining Company’s 3,000 tons of iso feed;
- Abadan Oil Refining Company’s 2,000 tons of iso feed;
- Bistoon Petrochemical Company’s 1,000 tons of solvent 503, and 1,000 tons of solvent 502 products;
- Iranol Oil Company’s 676 tons of heavy extracts (DAE-40) and 624 tons of light extracts (DAE-10);
- Bushehr Petrochemical Company’s 88 tons of pentane plus products.
The sale of hydrocarbon products at the Iran Energy Exchange is of great importance to the country’s economy. Through the energy exchange, Iran seeks to provide hydrocarbon products needed by local companies, as well as to increase exports.
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 450,211 rials, and the price of $1 is 412,621 rials.
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