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Iran’s IRENEX reveals products to be on sale for October 29

Business Materials 29 October 2024 09:39 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, October 29. The Iran Energy Exchange (IRENEX) will sell 88,000 tons of hydrocarbon products on October 29, Trend reports.

Out of the mentioned volume, 13,000 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:

- Abadan Oil Refining Company's 3,000 tons of CO, 2,000 tons of heavy naphtha, 2,000 tons of light naphtha, and 106 tons of solvent-410.

Bouali Sina Petrochemical Company's 3,000 tons of raffinate.

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

Isfahan Oil Refining Company's 713 tons of extract.

Shiraz Oil Refining Company's 500 tons of iso recycle.

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

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

Furthermore, 75,000 tons of products will be on sale on the Iran Energy Exchange's export ring:

- Persian Gulf Star Oil Company's 35,000 tons of naphtha, and 6,000 tons of liquefied petroleum gas (LPG).

- Khang Petrochemical Company's 20,000 tons of methanol, and 5,000 tons of LPG.

- Bouali Sina Petrochemical Company's 3,000 tons of raffinate, and 500 tons of LPG.

- National Gas Company's 3,000 tons of LPG.

- Tabriz Petrochemical Company's 1,500 tons of pentose.

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

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