Energy Exchange CEO:

Market reforms needed to fix Iran’s energy imbalances

SHANA (Tehran) - The CEO of Iran’s Energy Exchange highlighted the country’s significant capacities in oil, gas and other energy carriers, stressing that the only viable solution to address imbalances in the energy market is leveraging transparent and competitive mechanisms through the Energy Exchange.  

Gas deposit certificate trading to begin on energy exchange

SHANA (Tehran) – The deputy minister of oil for gas affairs announced that, for the first time in the country, natural gas deposit certificates have been approved for trading on the Iran Energy Exchange, with transactions set to begin soon.

Petchem trading up 13% on IME

TEHRAN (Shana) – A board member of the Iran National Plastic and Polymer Industries Association announced a 13% increase in the trading volume of petrochemicals on the Iran Mercantile Exchange (IME) from the beginning of the current Iranian calendar year on March 21. compared to the same period last year.

NIOC to Offer 2 mb of Heavy Crude Oil at IRENEX on July 30

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to sell 2 million barrels of heavy crude oil on the Iran Energy Exchange (IRENEX) on July 30 at $58.81/b.

NIOC to Sell 2 mb of Oil at Energy Exchange on May 28

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the Iran Energy Exchange (IRENEX) on May 28.