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Iran’s IRENEX reveals products to be on sale for August 13

Business Materials 13 August 2024 10:25 (UTC +04:00)

BAKU, Azerbaijan, August 13. The Iran Energy Exchange (IRENEX) will sell 46,700 tons of various hydrocarbon products on August 13, Trend reports.

Of the mentioned volume, 14,200 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:

- Shazand Oil Refining Company's 5,000 tons of CSO (cycled slurry oil)

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

- Asaluyeh Halal Elixir Company's 2,000 tons of raffinate, and 90 tons of normal pentane

- Bandar Imam Petrochemical Company's 308 tons of heavy distillate, and 300 tons of industrial liquefied gas

- Tabriz Oil Refining Company's 300 tons of iso feed

- Persian Gulf Fajr Energy Company's 200 tons of liquid nitrogen

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

Furthermore, 32,500 tons of products will be on sale on the Iran Energy Exchange's export ring:

- Persian Gulf Star Oil Company's 10,000 tons of liquefied petroleum gas (LPG)

- Shazand Oil Refining Company's 10,000 tons of processed residue from the RCD (residual current device) unit (ATR-140)

- Bandar Abbas Oil Refining Company's 5,000 tons of liquefied petroleum gas (LPG)

- Bouali Sina Petrochemical Company's 4,000 tons of heavy hydrocarbons, 3,000 tons of raffinate, and 500 tons of liquefied petroleum gas (LPG)

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

- Tabriz Petrochemical Company's 500 tons of heavy hydrocarbons (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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