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Iran’s IRENEX reveals products to be on sale for October 7

Business Materials 7 October 2024 11:08 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, October 7. The Iran Energy Exchange (IRENEX) will sell 84,100 tons of hydrocarbon products on October 7, Trend reports.

Out of the mentioned volume, 15,600 tons will be up for grabs on the home turf of the energy exchange.

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

Shazand Oil Refinery Company's 5,010 tons of gas condensate

Zagros Oil-Chemical Company's 2,200 tons of methanol

Kave Methanol Company's 2,150 tons of methanol

Shimibaft Oil-Chemical Company's 2,000 tons of MTBE (methyl tert-butyl ether)

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

Arta Energy Company's 950 tons of methanol

Fannavaran Oil-Chemical Company's 720 tons of methanol

Bushehr Oil-Chemical Company's 500 tons of methanol

Marjan Oil-Chemical Company's 400 tons of methanol

Tabriz Oil-Chemical Company's 200 tons of heavy distillate, 100 tons of fuel oil, 60 tons of pentane, and 42 tons of liquid nitrogen

Jam Oil-Chemical Company's 150 tons of heavy distillate

Setareh Pooya Caspian Company's 110 tons of pentane

Razi Oil-Chemical Company's 40 tons of gas condensate

Furthermore, 68,500 tons of products will be on sale on the Iran Energy Exchange's export ring:

Fars Gulf Star Oil Company's 65,000 tons of naphtha

Shimibaft Oil-Chemical Company's 3,000 tons of raffinate and 2,500 tons of MTBE

The Iran Energy Exchange's hydrocarbon sales are vital to the economy. Iran plans to boost exports while providing 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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