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Oil offering at IRENEX facing challenges, but will definitely continue

5 October 2019 - 23:35
The national budget law for the current Iranian calendar year (started on March 21) obliges the Oil Ministry to offer at least two million barrels of light crude oil, two million barrels of heavy crude oil and two million barrels of gas condensate at the international ring of Iran Energy Exchange (IRENEX) every month.

Value of trades at Iran’s stock market exceeds $95b

2 October 2019 - 22:35
The value of trades at Iran’s four stock exchanges has reached four quadrillion rials (about $95.238 billion) since the beginning of current Iranian calendar year (March 21), Amir Hamooni, the managing director of Iran's over-the-counter (OTC) exchange market, known as Iran Fara Bourse (IFB), announced in a TV program on Sunday night, IRIB reported.

Iran’s Pet-Chem Exports Rising Despite Sanctions

15 December 2019 - 17:04
New report shows that neighboring countries are increasing their purchase of Iran’s petrochemical products through a local energy exchange where more than $200 million sales have been recorded just in last week.

‘Lack of “futures”, main barrier in the way of IRENEX success’

27 November 2019 - 02:43
Nearly a year after National Iranian Oil Company (NIOC), for the first time, decided to offer crude oil and gas condensate at Iran Energy Exchange (IRENEX) as a new strategy to relief the pressures of the U.S. sanction, unfortunately no more than two million barrels have been sold.

NIOC to Sell 6mln Barrels of Crude Oil, Condensates at Energy Exchange on Monday

14 November 2019 - 18:27
The National Iranian Oil Company (NIOC) plans to offer 6 million barrels of crude oil and condensates on the Iran Energy Exchange (IRENEX) on November 18.

Iran Posts Record Sales of LPG through Energy Bourse

12 November 2019 - 17:57
A new record has been registered in the daily sale of liquefied petroleum gas (LPG) produced in Iranian refineries and supplied through a local bourse mechanism, as reports recount that around 115 million liters of the fuel has been very recently sold in one single exchange.

NIOPDC to offer 20,000 tons of kerosene at IRENEX on Monday

2 November 2019 - 21:05
National Iranian Oil Products Distribution Company (NIOPDC) is going to offer 20,000 tons of kerosene at the international ring of Iran Energy Exchange (IRENEX) on Monday, ISNA reported.

Russia to Open LC for Building Power Plant in Iran Soon: Official

1 November 2019 - 17:31
The managing director of Iran’s Thermal Power Plants Holding Company (TPPH) said Russia is slated to give the Islamic Republic a loan of €1.2 billion in form of LC (Letter of credit) to construct a major power plant in Iran’s southern city of Sirik.

Offering oil at IRENEX continues: NIOC

30 October 2019 - 22:33
National Iranian Oil Company (NIOC)’s representative in Iran Energy Exchange (IRENEX) said that the company will continue offering oil at IRENEX after a few week of hiatus due to technical problems.

Electricity offerings at IRENEX doubled in a month

16 October 2019 - 20:00
The capacity of electricity offerings at Iran’s Energy Exchange (IRENEX) has doubled in the Iranian calendar month of Shahrivar (August 23-Septemebr 22) compared to its previous month, IRIB reported on Wednesday, quoting an official with Iran’s Power Generation and Distribution Company (known as TAVANIR).
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