BAKU, Azerbaijan, September 25. The Iran Energy Exchange (IRENEX) will sell 80,600 tons of hydrocarbon products on September 25, Trend reports.
Out of the mentioned volume, 10,600 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:
- Persian Gulf Bid-Boland Gas Processing Company's 4,000 tons of pentane, 1.600 tons of butane
- Bandar Abbas Oil Refinery Company's 3,000 tons of naphtha
- Shazand Oil Refinery Company's 1,000 tons of hexane
- Pars Petrochemical Company's 506 tons of pentane plus
- Amir Kabir Petrochemical Company's 500 tons of gasoline
Furthermore, 70,000 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Pars Behin Qeshm Oil Refinery's 15,000 tons of naphtha
- Nuri Petrochemical Company's 12,000 tons of light naphtha, 12,000 tons of raffinate
- Bouali Sina Petrochemical Company's 12,000 tons of raffinate
- Shazand Oil Company's RCD division's 10,000 tons of processed residue (ATR-140)
- Persian Gulf Star Oil Company's 8,000 tons of liquefied gas (LPG)
- Fannavaran Petrochemical Company’s 1,000 tons of methanol
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.