BAKU, Azerbaijan, February 20. More than 16,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on February 20, Trend reports.
Of the mentioned volume, 10,800 tons will be on sale on the domestic ring of the energy exchange.
The following goods are to be offered:
- The National Iranian Oil Company’s 5,010 tons of gas condensate;
- Bouali Sina Petrochemical Company’s 3,000 tons of Raffinate, 1,000 tons of LPG products;
- Khouzestan Steel Company’s 440 tons of liquid oxygen and 440 tons of liquid nitrogen products;
- Bandar Imam Petrochemical Company’s 300 tons of LPG and 220 tons of heavy distillate products;
- Persian Gulf Fajr Energy Company’s 200 tons of nitrogen products;
- Amir Kabir Petrochemical Company’s 200 tons of hexose;
- Sorena Arka Chemical Medicine Industry Company’s 22 tons of liquid nitrogen products.
Moreover, 5,200 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Iranian Bouali Sina Petrochemical Company’s 3,000 tons of Raffinate, 1,000 tons of LPG products;
- Tabriz Petrochemical Company’s 500 tons of Raffinate, 500 tons of pentose (C7-C9) and 200 tons of pentane products.
Iran Energy Exchange (IRENEX) sells its products at the SANA exchange rate.
SANA system is a currency exchange system implemented by the Central Bank of Iran in which the price of one euro is 462,259 rials and the price of one dollar is 429,213 rials.
The sale of hydrocarbons at the Iran Energy Exchange is critical to the country's economy. Iran hopes to enhance exports and give hydrocarbon products to local enterprises through energy exchange.
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