BAKU, Azerbaijan, January 21. A total of 105,000 tons of hydrocarbon products will be sold by Iran's Energy Exchange (IRENEX) on January 21, Trend reports.
Out of the mentioned volume, 25,900 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 Refining Company’s 15,000 tons of light naphtha, 5,000 tons of heavy naphtha, 150 tons of pentane, 120 tons of solvent-410;
- Bouali Sina Petrochemical Company’s 3,000 tons of raffinate;
- Tehran Oil Refining Company's 1,000 tons of iso feed, 1,000 tons of iso recycle, and 212 tons of solvent-402;
- Bandar Imam Petrochemical Company’s 308 tons of heavy distillate;
- Bushehr Petrochemical Company’s 210 tons of liquid nitrogen;
- Persian Gulf Fajr Energy Company’s 200 tons of liquid nitrogen;
79,000 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 and 4,000 tons of butane;
- Aftab Oil Refining Company’s 33,000 tons of hydrocarbon;
- Bouali Sina Petrochemical Company’s 3,000 tons of raffinate, 500 tons of liquefied gas (LPG);
- Shimi Baft Petrochemical Company’s 2,000 tons of Raffinate 2;
- Tabriz Petrochemical Company’s 1,500 tons of pentose;
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.