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Iran’s IRENEX reveals products to be on sale for July 22

Business Materials 22 July 2024 10:10 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, July 22. The Iran Energy Exchange (IRENEX) will sell 66,700 tons of various hydrocarbon products on July 22, Trend reports.

Of the mentioned volume, around 14,900 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:

- Kaveh Methanol Company's 2,200 tons of methanol

- Zagros Petrochemical Company's 2,200 tons of methanol

- Shimibaft Petrochemical Company's 2,000 tons of Methyl Tert-Butyl Ether (MTBE)

- Shiraz Petrochemical Company's 1,700 tons of methanol

- Bandar Imam Petrochemical Company's 1,010 tons of MTBE

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

- Arta Energy Company's 1,000 tons of methanol

- Shazand Petrochemical Company's 1,000 tons of heavy distillate

- Fanavaran Petrochemical Company's 720 tons of methanol

- Marjan Petrochemical Company's 400 tons of methanol

- Amir Kabir Petrochemical Company's 500 tons of heavy distillate

- Tabriz Petrochemical Company's 300 tons of pentose (C7-C9), 200 tons of mazut, 100 tons of heavy distillate, 60 tons of pentane, and 42 tons of liquid nitrogen

- Jam Petrochemical Company's 300 tons of heavy distillate

- Sabalan Petrochemical Company's 200 tons of methanol

Furthermore, 51,800 tons of products will be on sale on the Iran Energy Exchange's export ring:

- Fars Gulf Star Oil Company's 30,000 tons of light naphtha and 11,800 tons of kerosene

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

- Shimibaft Petrochemical Company's 3,000 tons of raffinate-2 and 1,000 tons of MTBE

- Bandar Imam Petrochemical Company's 2,000 tons of MTBE

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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