MNA National Iranian Oil Company will offer light crude oil at todays session of Iran Energy Exchange (IRENEX). According to NIOC, two million barrels of oil will be on offer at a base price of $57.98/barrel. The minimum purchase order is 35,000 barrels for sea and 1,000 barrels for land delivery. Buyers can settle the payments 90 days after ...

Financial Tribune - For the first time in the history of Irans 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 ...

MNA The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the Iran Energy Exchange (IRENEX) on Tuesday (July 9). The base price for this offer is $57.66 per barrel, and the minimum purchase volume is 35,000 barrels. Buyers can receive their cargo(es) up to three months after the transaction, and ...

November 12, The Iran Project - In an attempt to sell oil to the Iranian private sector, the National Iranian Oil Company (NIOC) has started large scale offering of crude oil with a million barrels atthe Iran Energy Exchange (IRENEX). On the Sunday (Nov. 12) session of the market, a total of 700,000 barrels of crude oil was traded at the IRENEX....

SHANA - The National Iranian Oil Company (NIOC) has named the banks that are qualified for issuing guarantees for crude oil traded on the floor of the Iran Energy Exchange. The company released an announcement on Saturday which said the banks of Pasargad, Tejarat, Tose-e Saderat Iran, Sepah, Saderat, Mellat, Melli and Parsian were qualified to issue ...

  TEHRAN, May 08 (Shana) Iran has issued Salaf bonds for financing Persian Gulf Star Refinery by raising funds up to IRR 3,000b, Managing Director of Iran Energy Exchange (IRENEX) said. Speaking to Shana on the sidelines of the 21st Iran International Exhibition of Oil, Gas, Refining and Petrochemicals, Ali Hosseini said the bonds are being ...

The International Monetary Fund has revised its estimation of energy subsidies paid by the Iranian government in 2015, indicating a $9.6 billion reduction compared with 2013. The government had paid $118.2 billion in energy subsidies in 2013, but the IMF has lowered its estimation to stand at$108.5 billion in 2015. According to the survey titled ...

TEHRAN Jan 07 (Shana)--Ministry of Energy is working out mechanisms for the trading of electricity in Iran Energy Exchange, Energy Minister Hamid Chitchian said. Energy Ministry is seeking to work out mechanisms so that major consumers would get their required electricity through Iran Energy Exchange, the minister said. He added that leading electricity ...

TEHRAN March 19 (Shana)--Iran Energy Exchange will start trading crude oil in April, director for international affairs of the National Iranian Oil Company (NIOC) said. As of April 6, crude oil will be traded in the Energy Exchange, Mohsen Qamsaritold Shana. He said that 3,000 b/d of crude oil supplied by Tabriz Refinery will be traded to be used ...

TEHRAN March 19 (Shana)--Managing-Director of Iran Energy Exchange Ali Hosseinisaid several private refineries are ready to purchase crude oil on Iran Energy Exchange. Hosseini said Iran Energy Exchange is to start trading crude oil on April 6. He added that 3,000 b/d of crude oil will be initially supplied by the National Iranian Oil Company (NIOC)....