EghtesadOnline: Oil has always been a function of the international market, so setting up local energy markets cannot help the National Iranian Oil Company sell crude on a long-term basis, a veteran financial expert said.
EghtesadOnline: The Economy Ministry has procured 50 trillion rials ($438 million) for financing oil projects by selling standard parallel salaf contracts via Iran Energy Exchange (IRENEX).
EghtesadOnline: Utility companies that offer electricity on the energy bourse will be eligible for 10% tax exemption, head of the Iran Energy Exchange said.
EghtesadOnline: Standard parallel salaf contracts worth 25 trillion rials ($213.6 million) were sold in the Iran Energy Exchange Sept.3-4 to finance oil projects.
EghtesadOnline: High octane gasoline weighing 3,000 tons was sold in the international ring of Iran Energy Exchange on Tuesday.
EghtesadOnline: On government behalf, the Economy Ministry will offer standard parallel salaf securities for crude oil worth 50 trillion rials ($427 million) today (Tuesday). The Iran Energy Exchange will host the trade.
EghtesadOnline: Light crude oil will be offered Tuesday in the international ring of Iran Energy Exchange, according to a notice on the IRENEX website.
EghtesadOnline: Enthusiastic buyers purchased the entire 5000 tons of Iranian octane 95 gasoline offered on the Iran Energy Exchange on Sunday, according to data available on the IRENEX online bulletin board.
EghtesadOnline: 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.
EghtesadOnline: National Iranian Oil Refining and Distribution Company plans its first round of gasoline offer on the export ring of Iran Energy Exchange on Wednesday, the IRENEX chief said.