BAKU, Azerbaijan, November 9. The Iran Energy Exchange (IRENEX) will sell 12,900 tons of hydrocarbon products on November 9, Trend reports.
The following goods are to be offered on the Iran Energy Exchange's domestic ring:
- Abadan Oil Refining Company's 5,000 tons of LCO (light cycled oil)
- Tehran Oil Refining Company's 4,000 tons of heavy naphtha, 1,000 tons of iso feed, and 1,000 tons of iso recycle
- Khuzestan Steel Company's 594 tons of liquid oxygen and 330 tons of liquid nitrogen
- Tabriz Oil Refining Company's 500 tons of iso feed
- Shiraz Oil Refining Company's 500 tons of iso recycle
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. Through energy exchange, Iran seeks to boost exports and provide hydrocarbon products to local businesses.
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