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Iran’s IRENEX reveals products to be on sale for August 18

Iran Materials 18 August 2024 15:17 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, August 18. The Iran Energy Exchange (IRENEX) will sell 7,500 tons of various hydrocarbon products on August 18, Trend reports.

Of the mentioned volume, 3,500 tons will be on sale on the domestic ring of the energy exchange.

The following goods are to be offered on the Iran Energy Exchange's domestic ring:

- Isfahan Oil Refining Company's 2,000 tons of iso feed

- Stone-Coal Tar Processing Company's 500 tons of heavy tar oil

- Iran Gas Trading Company's 1,000 tons of DSO

Furthermore, 4,000 tons of products will be on sale on the Iran Energy Exchange's export ring:

- Chemical Industry Investment Company's 3,000 tons of raffinate

- Bushehr Petrochemical Company's 5,000 tons of liquefied gas (LPG)

- Tabriz Oil Refining Company's 1,000 tons of liquefied gas (LPG)

The Iran Energy Exchange's hydrocarbon sales are vital to the economy. Iran plans to boost exports while giving domestic industries hydrocarbon products via energy exchange.

IRENEX sells its products at the SANA exchange rate.

The sale of hydrocarbons on IRENEX is vital to the country's economy. Iran seeks to boost exports and provide hydrocarbon products to local businesses through energy exchange.

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