Baku, Azerbaijan, July 1
By Umid Niayesh - Trend:
The products traded at Iran Energy Exchange (IRENEX) on July 1:
Domestic ring:
- 4,000 tons of tar from Isfahan Steel Company;
-1,521 tons of Iso recycle from Tehran Oil Refining Company;
- 1.5 million liters of 402 solvent from Tehran Oil Refining Company;
-10,010 tons of gas condensates from South Pars Gas Complex;
-3,000 tons of light naphtha from Bandar Abbas Oil Refining Company;
-10,000 kilowatt hours of electricity from Ofogh Tamin Energy Toos (Toos Steam Power Plant).
Total value of the deals in the rings amounted to 559.54 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 = 42,500 rials on July 1)