BAKU, Azerbaijan, September 18. The Iran Energy Exchange (IRENEX) will sell 99,000 tons of hydrocarbon products on September 18, Trend reports.
Of the mentioned volume, 24,900 tons will be sold on the domestic turf of the energy exchange.
The following goods are to be offered on the Iran Energy Exchange's domestic ring:
- Abadan Oil Refinery Company's 20,000 tons of heavy naphtha
- Persian Gulf Bid-Boland Gas Processing Company's 4,000 tons of pentane, 400 tons of butane
- Pars Petrochemical Company's 506 tons of pentane plus
- Sorena Arka Chemical Medical Industrial Company's 22 tons of liquid nitrogen
Furthermore, 74,100 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Pars Behin Gesh Oil Refinery Company's 15,000 tons of naphtha, 12,100 tons of light distillates
- Nuri Petrochemical Company's 12,000 tons of raffinate, 12,000 tons of light naphtha
- Bandar Abbas Oil Refining Company's 12,000 tons of liquefied petroleum gas (LPG)
- Persian Gulf Star Oil Company's 8,000 tons of liquefied gas (LPG)
- Abadan Oil Refinery Company's 2,000 tons of liquefied petroleum gas (LPG)
- Shimibaft Petrochemical Company’s 1,000 tons of MTBE
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.