BAKU, Azerbaijan, August 21. The Iran Energy Exchange (IRENEX) will sell 237,000 tons of various hydrocarbon products on August 21, Trend reports.
Of the mentioned volume, 11,800 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:
- Persian Gulf Bid-Boland Gas Processing Company's 4,000 tons of pentane, and 400 tons of butane.
- Abadan Refinery Company's 4,000 tons of heavy naphtha, 84,700 tons of solvent 410
- Ilam Petrochemical Company's 2,000 tons of gasoline
- Isfahan Oil Refinery Company's 720 tons of solvent 402
- Pars Petrochemical Company's 506 tons of pentane plus
- Mahabad Petrochemical Company's 150 tons of C6+
Furthermore, 225,000 tons of products will be on sale on the Iran Energy Exchange's export ring:
- National Iranian Gas Company's 101,000 tons of liquefied gas (LPG)
- Abadan Oil Refining Company's 35,000 tons of diesel fuel, 12,000 tons of liquefied gas (LPG)
- Tehran Refinery Company's 30,000 tons of heavy naphtha
- Nuri Petrochemical Company's 13,100 tons of heavy distillate, 12,000 tons of raffinate
- Bouali Sina Petrochemical Company's 12,000 tons of raffinate, 9,830 tons of heavy hydrocarbons
The Iran Energy Exchange's hydrocarbon sales are vital to the economy. Iran plans to boost exports while providing 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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