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

Business Materials 9 July 2024 11:01 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, July 9. The Iran Energy Exchange (IRENEX) will sell nearly 57,000 tons of various hydrocarbon products on July 9, Trend reports.

Of the mentioned volume, around 29,000 tons will be on sale on the domestic ring of the energy exchange.

The following goods are to be offered on the Iran Energy Exchange's domestic ring:

- National Oil Company's 5,050 tons of gas condensate

- Abadan Oil Refining Company's 5,000 tons of light naphtha, 3,000 tons of CO (cycle oil), 1,000 tons of pentane, 1,000 tons of iso feed, 500 tons of butane, and 300 tons of solvent-410

- Bouali Sina Petrochemical Company's 3,000 tons of heavy hydrocarbons, and 3,000 tons of raffinate

- Shazand Petrochemical Company's 3,000 tons of gasoline

- Kermanshah Oil Refining Company's 2,100 tons of distillation column residue

- Ilam Petrochemical Company's 1,000 tons of gasoline

- Bandar Imam Petrochemical Company's 308 tons of heavy distillate, and 200 tons of industrial propane gas

- Persian Gulf Fajr Energy Company's 200 tons of liquid nitrogen, and 50 tons of liquid oxygen

- Sorena Arka Chemical Medical Industry Company's 22 tons of liquid nitrogen

- Bushehr Petrochemical Company's 60 tons of liquid nitrogen

- Bandar Imam Petrochemical Company's 200 tons of industrial liquid gas

Furthermore, 28,000 tons of products will be on sale on the Iran Energy Exchange's export ring:

- Isfahan Oil Refining Company's 10,000 tons of liquefied petroleum gas (LPG)

- Abadan Oil Refining Company's 7,000 tons of LPG

- Bouali Sina Petrochemical Company's 4,000 tons of heavy hydrocarbons, 3,000 tons of raffinate, 500 tons of LPG

- National Company for Petroleum Products Distribution's 2,000 tons of aviation fuel (ATK)

- Fanavaran Petrochemical Company's 1,000 tons of methanol

- Tabriz Petrochemical Company's 500 tons of pentose (C7-C9)

The Iran Energy Exchange's hydrocarbon sales are vital to the economy. Iran plans to boost exports while giving domestic industries 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. Iran seeks to boost exports and provide hydrocarbon products to local businesses through energy exchange.

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