BAKU, Azerbaijan, September 14. The Iran Energy Exchange (IRENEX) will sell more than 100,000 tons of hydrocarbon products on September 14, Trend reports.
Out of the mentioned volume, a whopping 2,140 tons will be up for grabs on the home turf of the energy exchange.
The following goods are to be offered on the Iran Energy Exchange's domestic ring:
- Khouzestan Steel Company's 484 tons of liquid nitrogen, 440 tons of liquid oxygen
- Tabriz Oil Refinery Company's 500 tons of iso feed, 500 tons of iso recycle, 212 tons of solvent 402
Furthermore, 98,000 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Lavan Oil Refinery Company's 96,000 tons of naphtha
- Abadan Oil Refinery Company's 2,000 tons of liquefied petroleum gas (LPG)
The Iran Energy Exchange's hydrocarbon sales are vital to the economy. Iran plans to boost exports while providing domestic industries with 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.