BAKU, Azerbaijan, November 25. The Iran Energy Exchange (IRENEX) will sell 42,200 tons of hydrocarbon products on November 25, Trend reports.
Out of the mentioned volume, 30,200 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 Refinery Company's 6,000 tons of LCO (light cycled oil), 1,000 tons of iso feed, 500 tons of pentane, and 212 tons of solvent-410
- Isfahan Oil Refinery Company's 6,000 tons of iso recycle, 720 tons of solvent-402, 712 tons of solvent-502, 712 tons of solvent-503, and 178 tons of solvent-400
- Shazand Petrochemical Company's 2,000 tons of gasoline from pyrolysis and 500 tons of heavy distillate
- Shimibaft Petrochemical Company's 2,000 tons of MTBE (methyl tert-butyl ether)
- Bistoon Petrochemical Company's 2,000 tons of solvent-502
- Asaluyeh Halal Elixir Company's 1,500 tons of raffinate, 200 tons of hexane, and 90 tons of pentane
- Bandar Abbas Oil Refinery Company's 1,060 tons of solvent-402
- Bandar Imam Petrochemical Company's 1,010 tons of MTBE
- Arta Energy Company's 875 tons of methanol
- Kaveh Methanol Company's 800 tons of methanol
- Fannavaran Petrochemical Company's 720 tons of methanol
- Bushehr Petrochemical Company's 500 tons of methanol
- Middle East Pars Chemicals Company's 500 tons of methanol
- Tabriz Petrochemical Company's 150 tons of heavy distillate, 75 tons of mazut, and 42 tons of liquid nitrogen
- Setareh Pooya Caspian Company's 110 tons of pentane
Furthermore, 12,000 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Shazand Oil Refinery Company's RCD (residual current device) unit's 10,000 tons of processed residue (ATR 140)
- Shimibaft Petrochemical Company's 2,000 tons of MTBE
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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