BAKU, Azerbaijan, October 15. The Iran Energy Exchange (IRENEX) will sell 40,200 tons of hydrocarbon products on October 15, Trend reports.
Out of the mentioned volume, 23,800 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:
- Isfahan Oil Refinery Company's 6,000 tons of iso feed, 6,000 tons of iso recycle, 720 tons of solvent 402, 712 tons of solvent 502, 712 tons of solvent 503, 178 tons of solvent 400, 178 tons of solvent 410
- Bandar Abbas Oil Refinery Company's 3,000 tons of naphtha, 3,000 tons of iso-recycle
- Shiraz Oil Refinery Company's 200 tons of iso feed
- Bouali Sina Petrochemical Company's 3,000 tons of raffinate
- Persian Gulf Fajr Energy Company's 200 tons of liquid nitrogen
- Sorena Arca Chemical Medicine Industrial Company's 22 tons of liquid nitrogen
Furthermore, 16,400 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Gulf Star Oil Company's 6,000 tons of liquefied gas (LPG) and 3,000 tons of residue from the rectification column
- National Iranian Oil Products Distribution Company's 6,000 tons of white oil
- Fannavaran Petrochemical Company's 1,000 tons of methanol
- Tabriz Petrochemical Company's 450 tons of pentose (C7-C9)
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.