BAKU, Azerbaijan, February 18. A total of 51,800 tons of hydrocarbon products will be sold by Iran's Energy Exchange (IRENEX) on February 18, Trend reports.
Out of the mentioned volume, 12,800 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:
- National Oil Company's 3,800 tons of gas condensate
- Bouali Sina Petrochemical Company's 3,000 tons of raffinate
- Tabas Carbon Mineral Company's 2,000 tons of coal
- Shiraz Petrochemical Company's 1,700 tons of methanol
- Bandar Imam Petrochemical Company's 506 tons of heavy distillate
- Shazand Oil Refining Company's 500 tons of normal hexane
- Isfahan Oil Refining Company's 356 tons of solvent 503
- Bandar Imam Petrochemical Company's 300 tons of industrial liquefied gas
- Bushehr Petrochemical Company's 210 tons of liquid nitrogen, 110 tons of pentane plus
- Persian Gulf Fajr Energy Company's 200 tons of liquid nitrogen
- Kermanshah Oil Refining Company's 110 tons of butane
- Sorena Arka Chemical Medical Industry Company's 22 tons of liquid nitrogen
Furthermore, 39,000 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
- Bouali Sina Petrochemical Company's 3,000 tons of raffinate
- Chemical Industry Investment Company's 1,000 tons of raffinate
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. For the currency exchange offices in Iran, the SANA system is a system that was introduced by the Central Bank of Iran.
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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