BAKU, Azerbaijan, December 4. Nearly 43,700 tons of hydrocarbon products will be sold by the Iran Energy Exchange (IRENEX) on December 4, Trend reports.
Out of the mentioned volume, 20,700 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 Refining Company's 6,000 tons of LCO (light cycled oil) and 254,000 tons of solvent-410
- Shazand Oil Refining Company's 5,000 tons of CSO (clarified slurry oil), 1,000 tons of hexane
- Persian Gulf Bidboland Gas Refining Company's 4,000 tons of pentane, 400 tons of butane
- Ilam Petrochemical Company’s 3,000 tons of gasoline
- Pars Petrochemical Company’s 1,010 tons of pentane plus
- Tabas Carbon Mineral Company's 50 tons of coal concentrate
- Mahabad Petrochemical Compan’s 50 tons of C6+
Furthermore, 23,000 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Tabas Parvade Coal Company's 10,000 tons of hard coal
- Shazand Oil Refining Company's 10,000 tons of processed residue (ATR-140)
- Bandar Abbas Oil Refining Company's 2,000 tons of butane
- Fannavaran Petrochemical Company’s 1,000 tons of methanol
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.