BAKU, Azerbaijan, November 4. The Iran Energy Exchange (IRENEX) will sell 86,800 tons of hydrocarbon products on November 4, Trend reports.
Out of the mentioned volume, 21,100 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:
- Isfahan Oil Refining Company's 6,000 tons of iso recycle
- Kaveh Methanol Company's 2,100 tons of methanol
- Bushehr Petrochemical Company's 2,000 tons of solvent-502, 500 tons of methanol, and 210 tons of liquid nitrogen
- Shimibaft Petrochemical Company's 2,000 tons of MTBE (methyl tert-butyl ether)
- Shiraz Petrochemical Company's 1,700 tons of methanol
- Tehran Oil Refining Company's 1,020 tons of isobutane
- Bandar Imam Petrochemical Company's 1,010 tons of MTBE
- Tabas Parvadeh Coal Company's 1,000 tons of coal
- Bistoon Petrochemical Company's 1,000 tons of solvent-503
- Arta Energy Company's 925 tons of methanol
- Fannavaran Petrochemical Company's 720 tons of methanol
- Sepahan Oil Company's 506 tons of extract
- Tabriz Petrochemical Company's 200 tons of heavy distillate, 60 tons of pentane, and 42 tons of liquid nitrogen
- Setareh Pooya Caspian Company's 110 tons of pentane.
Furthermore, 65,700 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, 15,700 tons of crude oil, and 6,000 tons of liquid gas (LPG)
- Qeshm Behin Pars Oil Refining Company's 15,000 tons of naphtha, and 8,080 tons of light distillate
- Shimibaft Petrochemical Company's 4,000 tons of raffinate-2, and 1,000 tons of MTBE
- Chemical Industry Investment Company's 4,000 tons of raffinate.
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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