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­­­Iran’s IRENEX reveals products to be on sale for March 9

Business Materials 9 March 2024 11:25 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 9. Iran Energy Exchange (IRENEX) is to sell circa 90,9 tons of various hydrocarbon products, Trend reports.

Of the mentioned volume, 11,500 tons will be on sale on the domestic ring of the energy exchange.

The following goods are to be offered:

- Isfahan Oil Refining Company's 30,000 tons of white oil, 5,000 tons of iso recycle, 5,000 tons of iso feed, 3,000 tons of heavy naphtha, 500 tons of normal hexane, and 360 tons of solvent 402,356 tons of solvent 406, 356 tons of solvent 503, 356 tons of solvent 502, and 180 tons of normal pentane.

- Tehran Oil Refining Company's 12,000 tons of heavy naphtha, 2,500 tons of liquefied natural gas (LNG), and 1,410 tons of light naphtha

- National Iranian Oil Products Distribution Company’s 6,360 tons of white oil

- Bandar Abbas Oil Refining Company’s 3,500-ton iso recycle

- Tabriz Oil Refining Company 500 tons iso recycle, 500 tons iso feed, 424 tons solvent 402, 106 tons solvent 404

- Khuzestan Steel Company's 440 tons of liquid nitrogen, and 440 tons of liquid oxygen.

Furthermore, 17,600 tons of products will be on sale on the Iran Energy Exchange's export ring:

- Kangan Oil Refining Company's 7,000 tons of pentane plus

- Bandar Abbas Oil Refining Company’s 6,000 tons of liquefied natural gas (LPG)

- Isfahan Oil Refining Company's 4,000 tons of liquefied natural gas (LPG)

- Tabriz Petrochemical Company's 600 tons of pentose (C7-C9)

The Iran Energy Exchange's hydrocarbon sales are vital to the economy. Iran plans to boost exports while also giving hydrocarbon products to domestic industries via energy exchange.

Iran Energy Exchange (IRENEX) sells its products at the SANA exchange rate.

The sale of hydrocarbons on the Iran Energy Exchange is vital to the country's economy. Iran seeks to boost exports and provide hydrocarbon products to local businesses through energy exchange.

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