BAKU, Azerbaijan, December 11. The Iran Energy Exchange (IRENEX) will sell nearly 41,400 tons of hydrocarbon products on December 11, Trend reports.
Out of the mentioned volume, 35,400 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:
- Abadan Oil Refining Company's 12,000 tons of heavy naphtha, 6,000 tons of LCO, 3,000 tons of CO, 1,000 tons of iso feed, and 300 tons of butane
- Shiraz Oil Refery Company's 4,000 tons of heavy naphtha, 148 tons of solvent 404
- Persian Gulf Bid-Boland Gas Processing Company's 4,000 tons of pentane and 400 tons of butane
- Ilam Petrochemical Company's 3,000 tons of gasoline
- National Iranian Gas Company's 1,000 tons of DSO
- Iran's Chemical Industry Investment Company's 500 tons of Solvent 503
- Mahabad Petrochemical Company's 50 tons of C6+
- Carbon Barod Company's 50 tons of carbon dioxide
Furthermore, 6,000 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Bistoun Petrochemical Company's 5,000 tons of raffinate
- Fanavaran 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. Through energy exchange, Iran seeks to boost exports and provide hydrocarbon products to local businesses.