BAKU, Azerbaijan, November 5. The Iran Energy Exchange (IRENEX) will sell 23,000 tons of hydrocarbon products on November 5, Trend reports.
Out of the mentioned volume, 17,100 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:
- Shiraz Refinery Company's 6,000 tons of iso recycle
- Isfahan Refinery Company's 5,000 tons of iso feed
- Bouali Sina Petrochemical Company's 3,000 tons of raffinate
- Abadan Refinery Company's 2,000 tons of LCO (light cycled oil), and 106 tons of solvent-410
- Amir-Kabir Petrochemical Company's 500 tons of heavy distillate
- Bandar Imam Petrochemical Company's 300 tons of industrial liquefied gas
- Persian Gulf Fajr Energy Company's 200 tons of liquid nitrogen
- Sorena Arka Chemical Medical Industry Company's 22 tons of liquid nitrogen
Furthermore, 5,950 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Bouali Sina Petrochemical Company's 3,000 tons of raffinate, and 500 tons of liquid gas (LPG)
- Tabriz Petrochemical Company's 1,500 tons of pentoses, and 450 tons of hexoses (C7-C9)
- Tehran Refinery Company's 500 tons of iso butane.
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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