BAKU, Azerbaijan, September 16. In total, 8,590 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on September 17, Trend reports.
According to IRENEX, the products will be on sale on the domestic floor of the energy exchange.
The following goods are to be offered:
- Iranol Oil Company’s 3,000 tons of heavy extracts (DAE-40);
- Abadan Oil Refining Company’s 2,000 tons of iso feed;
- Shiraz Oil Refining Company’s 1,000 tons of iso-recycle and 1,000 tons of iso-feed products;
- Tabriz Oil Refining Company’s 500 tons of iso feed, 500 tons of iso-recycle, 424 tons of solvent-402 and 106 tons of solvent 404 products;
- Zarand Iranian Steel Company’s 60 tons of liquid nitrogen products.
Iran Energy Exchange (IRENEX) sells its products at 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 442,829 rials and the price of $1 is 412,876 rials.
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 increase exports.
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