BAKU, Azerbaijan, February 15. A total of 141,000 tons of hydrocarbon products will be sold by Iran's Energy Exchange (IRENEX) on February 15, Trend reports.
Out of the mentioned volume, 28,500 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:
- Shazand Refinery Company's 10,000 tons of white oil, 7,000 tons of CSO (Crude Slate Oil);
- Persian Gulf Bidboland Gas Processing Company's 4,000 tons of pentane, 400 tons of butane;
- Bandar Abbas Oil Refinery Company's 3,000 tons of naphtha, 530 tons of solvent-402;
- Pars Petrochemical Company's 1,010 tons of pentane plus;
- Amir Kabir Petrochemical Company's 500 tons of heavy distillate, 300 tons of hexose;
- Iran Chemical Industries Investment Company's 500 tons of solvent-503;
- Bandar Imam Petrochemical Company's 308 tons of heavy distillate, 300 tons of industrial liquefied gas;
- Saba Tec Bahar Pardis Company's 300 tons of heavy tar oil;
- Bushehr Petrochemical Company's 210 tons of liquid nitrogen;
- Mahabad Petrochemical Company's 100 tons C6+;
Furthermore, 113,000 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Pars Behin Palayesh Naft Qeshm Company's 44,000 tons of light distillate, 10,000 tons of naphtha;
- Kangan Petro Refining Company's 44,000 tons of liquefied gas (butane and propane);
- Persian Gulf Star Oil Company's 8,000 tons of liquefied gas (LPG);
- Bandar Abbas Oil Refining Company's 4,000 tons of butane;
- Iran Chemical Industries Investment Company's 1,000 tons of heavy distillate;
- Fanavaran Petrochemical Company's 1,000 tons of methanol;
- Persian Gulf Bidboland Gas Processing Company's 500 tons of pentane;
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. For the currency exchange offices in Iran, the SANA system is a system that was introduced by the Central Bank of Iran.
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.