Baku, Azerbaijan, May 20
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 20 are:
International ring:
- 2,000 tons of liquid gas from Abadan Oil Refining Company for Afghanistan.
Domestic ring:
- 13,000 kilowatt hours of electricity from Ofogh Tamin Energy Toos ( Toos Steam Power Plant).
Total value of the deals in the rings amounted to 49.8 billion rials.
IRENEX is a market for trading energy futures and commodities, including oil, gas, electricity, petrochemicals and oil byproducts. It was launched in 2013 as the fourth official Iranian exchange and operates under the supervision and regulations of the Securities and Exchange Organization of Iran.
More than 100 companies, including petrochemical plants, refineries and power plants offer their commodities at the exchange, according to the IRENEX website.
($1 = 42,000 rials on May 20)
