BAKU, Azerbaijan, December 1. The Iran Energy Exchange (IRENEX) will sell 48,700 tons of hydrocarbon products on December 1, Trend reports.
Out of the mentioned volume, 26,400 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:
20 thousand tons of heavy naphtha from Abadan Oil Refining
Company, 254 tons of solvent 410
2 thousand tons of MTBE from Shimibaft Petrochemical Company
1.2 thousand tons of heavy tar oil from Stone-Coal Tar Processing
Company
1 thousand tons of iso recycle, 1 thousand tons of iso feed from
Tehran Oil Refining Company
1 thousand tons of light distillate from Chemical Industry
Investment Company
Furthermore, 22,300 tons of products will be on sale on the Iran Energy Exchange's export ring:
20 thousand tons of pentane of Kangan Oil Refining
Company
2 thousand tons of MTBE of Shimibaft Petrochemical Company
350 tons of light hydrocarbons of Rawshan Fam Company
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.