20 July 2022 - 11:42
  • News Code: 459623
Refinery Strikes $190 mn Transaction

TEHRAN (Shana) – Persian Gulf Star Oil Company has managed to trade 6 cargoes of light naphtha and 3 cargoes of naphtha with a total value of $190 million in the Iran Energy Exchange.

According to Persian Gulf Star Oil Company, the refinery was able to trade 6 cargoes of light naphtha and 3 cargoes of full range naphtha with a total value of $190 million in the Iran Energy Exchange in the last 14 days.

This important action has been taken in a period when the international market is witnessing one of its most turbulent times, and Persian Gulf Star Refinery has even succeeded in selling naphtha to the country's domestic petrochemical plants.

In the past 10 days, this company has also shown that in addition to exports, it has a special view on supplying feedstock to petrochemical plants of the country in order to create added value, by selling 40,000 metric tons of naphtha to petrochemical companies in the domestic floor of the Iran Energy Exchange.

News Code 459623

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