Energy exchange

Power Co. Borrows $60m via IRENEX

EghtesadOnline: The state-run Power Generation, Distribution and Transmission Company (Tavanir) offered standard salaf contracts worth 15 trillion rials ($60 million) at the Iran Energy Exchange…
2021-03-15 17:58
NIOC Halts Selling Liquefied Fuel on IRENEX

EghtesadOnline: Due to the big increase in liquefied fuel consumption over the last few weeks, the National Iranian Oil Company has stopped selling diesel and mazut on the Iran Energy Exchange,…
2020-02-17 12:19
IRENEX Offers Salaf Contracts to Finance Oil Project

EghtesadOnline: Standard parallel salaf contracts worth 2.5 trillion rials ($20 million) will be offered on the Iran Energy Exchange on Tuesday to finance Azar Oilfield projects.
2020-02-04 13:10
NIOC Looking for Trade Expansion via Iran Energy Exchange

EghtesadOnline: Following two rounds of sea delivery of oil products offered on the Iran Energy Exchange, the National Iranian Oil Company has said that it wants to expand such offers.
2020-01-07 12:53
26,000 Tons of Gasoline on Offer at IRENEX

EghtesadOnline: The National Iranian Oil Products Distribution Company will offer 26,000 tons of gasoline on the Iran Energy Exchange on Tuesday.
2019-11-26 11:08
Gasoline Offer Continues on IRENEX

EghtesadOnline: Sale of gasoline on the Iran Energy Exchange will not be affected by the government decision on Friday to increase fuel prices and assign quotas, the managing director of IRENEX…
2019-11-23 12:31
Iran Energy Exchange Is a Stopgap Solution

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…
2019-11-02 11:15
Salaf Securities Worth Over $430m Sold via Iran Energy Exchange

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).
2019-09-29 12:41
Gasoline Sale via Iran Energy Exchange Generates $200m a Week

EghtesadOnline: Selling gasoline via the Iran Energy Exchange on average generates $200 million a week, the managing director of IRENEX said.
2019-09-24 13:28
High Octane Gasoline Sold via Iran Energy Exchange

EghtesadOnline: High octane gasoline weighing 3,000 tons was sold in the international ring of Iran Energy Exchange on Tuesday.
2019-08-28 10:31
$427m Crude Oil Salaf Securities on Iran Energy Exchange

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…
2019-08-13 11:53
Iran Energy Exchange to Offer Light Crude Oil on Tuesday

EghtesadOnline: Light crude oil will be offered Tuesday in the international ring of Iran Energy Exchange, according to a notice on the IRENEX website.
2019-08-11 10:51
Majlis Willing to Allow Cheaper Oil Trade via Iran Energy Exchange

EghtesadOnline: A member of the Majlis Energy Commission says parliament is willing to approve rules that allow the government to offer crude oil in Iran Energy Exchange at discounted rates.
2019-07-29 11:06
Iran Energy Exchange Eases Oil Sales to Foreigners

EghtesadOnline: Foreign natural entities are allowed to place an order for crude oil offered in Iran Energy Exchange (IRENEX), a move to facilitate foreigners’ participation in Iran’s energy…
2019-07-08 09:04
New Crude Offer on IRENEX Stalls

EghtesadOnline: A new round of crude oil offer on the Iran Energy Exchange ended Tuesday without any trade. The offer was the eighth of its kind and the first in the new fiscal that started on…
2019-04-10 12:23
Energy Exchange Performance Defensible

EghtesadOnline: In delineating the performance of Iran Energy Exchange in the current fiscal that ends on March 20, managing director of IRENEX says the value of trade on the market has grown…
2019-03-19 12:12
6th Oil Offer on Iran Energy Exchange Next Week

EghtesadOnline: The next round of crude oil offer on Iran Energy Exchange (IRENEX) will be made by the National Iranian Oil Company on March 4. Offer conditions are the same as the previous round…
2019-02-27 11:53
New Terms to Motivate Oil Traders in Iran Energy Exchange

EghtesadOnline: After the last two offers of crude oil on the Iran Energy Exchange (IRENEX) ending in vain, officials with the National Iranian Oil Company and capital market say they are determined…
2019-02-12 13:11
4th Round of Oil Sale on Iran's Energy Exchange Soon

EghtesadOnline: After the third round of crude offer on Iran Energy Exchange ended without any trade last week, a National Iranian Oil Company official announced that the fourth phase would be…
2019-01-26 08:51
Oil Trade on Iran Energy Exchange in Rials

EghtesadOnline: The Supreme Council of Economic Coordination – a special body comprising heads of the three branches of government – has agreed to the total settlement in rials of payments for…
2018-12-23 15:30
Iran Says Oil Trade Will Continue on Energy Bourse

EghtesadOnline: Close to one million barrels of oil have been sold on Iran Energy Exchange so far and plans are underway to continue the offers in the future, the head of international affairs…
2018-11-13 10:08
Iran Energy Exchange Opens: Bidder Buys 280,000 Barrels of Oil on Day 1

EghtesadOnline: Crude oil trade commenced on the Iran Energy Exchange on Sunday afternoon as investors competed to buy one million barrels of oil offered by the National Iranian Oil Company.
2018-10-29 08:17
Oil Trading Listed on Iran Energy Exchange

EghtesadOnline: Iran officially started spot oil trading on its energy exchange on Tuesday with the National Iranian Oil Company publishing a notice of offer on Monday, in which it outlined the…
2018-10-17 06:09
Iran Energy Exchange to Start Trade in Oil Futures

EghtesadOnline: Iran Energy Exchange will launch crude oil futures from next week as part of a plan to facilitate oil exports as US sanctions targeting its energy sector in November draw nearer.
2018-10-02 06:08
Energy exchange welcomes limitless foreign investments

EghtesadOnline: Iran’s Energy Exchange welcomes foreign investments with no restrictions, a senior energy official said on Monday.
2016-09-22 09:23