BAKU, Azerbaijan, January 30. More than 50,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on January 30, Trend reports.
Of the mentioned volume, around 7,600 tons will be on sale on the domestic ring of the energy exchange.
The following goods are to be offered:
- Iranian Bouali Sina Petrochemical Company’s 3,000 tons of Raffinate;
- Bandar Abbas Oil Refining Company’s 2,500 tons of iso-recycle;
- Shazand Petrochemical Company’s 506 tons of heavy distillate;
- Khouzestan Steel Company’s 440 tons of liquid oxygen and 440 tons of liquid nitrogen products;
- Bandar Imam Petrochemical Company’s 300 tons of liquefied gas and 200 tons of heavy distillate products;
- Mobarakeh Steel Company’s 80 tons of liquid oxygen and 80 tons of liquid nitrogen products.
In addition, 43,400 tons of products will be on sale on the export ring of Iran Energy Exchange:
- Iranian Pars Behin Qeshm Oil Refining Company’s 40,000 tons of light distillate;
- Bouali Sina Petrochemical Company’s 3,000 tons of Raffinate;
- Tabriz Petrochemical Company’s 400 tons of hydrocarbons (C7-C9).
Iran Energy Exchange (IRENEX) sells its products at the SANA exchange rate.
The SANA system is a currency exchange system implemented by the Central Bank of Iran in which the price of one euro is 463,822 rials and the price of one dollar is 429,219 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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