BAKU, Azerbaijan, October 30. The Iran Energy Exchange (IRENEX) will sell 19,300 tons of hydrocarbon products on October 30, Trend reports.
Out of the volume mentioned, 18,700 tons will be available on the energy exchange's home turf.
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
- National Iranian Oil Company's 4,000 tons of gas condensate
- Kermanshah Oil Refinery Company's 4,000 tons of distillation column residue
- Abadan Oil Refinery Company's 2,000 tons of LCO and 1,000 tons of iso feed
- Bandar Abbas Oil Refinery Company's 1,060 tons of solvent 402
- Pars Petrochemical Company's 1,010 tons of pentane plus
- Bistoon Petrochemical Company's 1,000 tons of solvent 503
- Ilam Petrochemical Company's 200 tons of gasoline
- Barod Carbon Company's 50 tons of carbon dioxide
Furthermore, 600 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Tabriz Oil Refinery Company's 500 tons of liquefied petroleum gas (LPG)
- Bistoon Petrochemical Company's 100 tons of raffinate
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. Through energy exchange, Iran seeks to boost exports and provide hydrocarbon products to local businesses.