BAKU, Azerbaijan, March 2. More than 63,000
tons of various hydrocarbon products will be on sale at the Iran
Energy Exchange (IRENEX) on March 2, Trend reports.

Of the mentioned volume, 8,51 tons will be on sale on the
domestic ring of the energy exchange.

The following goods are to be offered:

– Bandar Abbas Oil Refining Company’s 3,000
tons of naphtha

– Isfahan Oil Refining Company’s 3,000 tons of
naphtha

– Tabriz Oil Refining Company’s 500 tons of iso recycle, 500
tons of iso feed, 424 tons of solvent-402, 106 tons of
solvent-404

– Khuzestan Steel Company’s 440 tons of liquid oxygen, and
440 tons of liquid nitrogen.

– Pasargad Steel Alloy Industries Company’s 100 tons of
liquid oxygen

Furthermore, 54,500 tons of products will be on sale on
the Iran Energy Exchange’s export ring:

Kangan Oil Refining Company’s 44,000 tons of liquefied gas
(propane and butane)

Isfahan Oil Refining Company’s 8,000 tons of liquefied gas
(LPG), 1,770 tons of solvent-402, 710 tons of solvent-503

Iran Energy Exchange (IRENEX) sells its products at the SANA
exchange rate.

SANA system is a currency exchange system implemented by the
Central Bank of Iran in which the price of one euro is 465,932
rials and the price of one dollar is 429,206 rials.

The sale of hydrocarbons on the Iran Energy Exchange is vital to
the country’s economy. Iran seeks to boost exports and provide
hydrocarbon products to local businesses through energy
exchange.

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