BAKU, Azerbaijan, November 19. The Iran Energy Exchange (IRENEX) will sell 20,600 tons of hydrocarbon products on November 19, Trend reports.
Out of the mentioned volume, 12,400 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:
- State Oil Company's 5,050 tons of gas condensate
- Bouali Sina Petrochemical Company's 3,000 tons of raffinate
- Ilam Petrochemical Company's 2,000 tons of gasoline
- Isfahan Refining Company's 360 tons of solvent-402, 356 tons of solvent-502, and 356 tons of solvent-503
- Bandar Imam Petrochemical Company's 308 tons of heavy distillate, and 300 tons of industrial liquefied gas
- Amir-Kabir Petrochemical Company's 300 tons of hexoses
- Persian Gulf Fajr Energy Company's 200 tons of liquid nitrogen
- Mobarakeh Steel Company's 160 tons of liquid nitrogen
- Sorena Arka Chemical Medical Industry Company's 22 tons of liquid nitrogen
Furthermore, 8,200 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Abadan Refining Company's 4,000 tons of liquefied petroleum gas (LPG)
- Bouali Sina Petrochemical Company's 3,000 tons of raffinate
- Tabriz Petrochemical Company's 1,200 tons of heavy distillate
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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