Financial Tribune – For the first time in the history of Iran’s oil industry, 3,000 tons of Euro-5 gasoline was sold via the international ring of Iran Energy Exchange.
The sale was part of a total of 10,000 tons of gasoline offered on the energy bourse by the state-owned National Iranian Oil Refining and Distribution Company on Wednesday, IRENEX official website reported.
Buyers were required to purchase a minimum of 100 tons at a base price of $581 per ton. The cargos were delivered from the Persian Gulf Star Refinery near Bandar Abbas in south Iran.
NIORDC has plans to offer another 10,000 tons of gasoline 91 octane at a base price of $581/ton on August 11.