NIOC to Offer 2mb of Light Crude at IRENEX on Oct. 8

This will be the 16th crude oil offering by NIOC on the market in the new period and 9th offering in the current year (started March 21. 2019).

The cargo can be received up to three months after the transaction. and the delivery of the cargo in other regions is subject to NIOC approval.

Supply of crude oil in Exchange (IRENEX)`&gt.Iran Energy Exchange (IRENEX) has been put atop agenda for the realization of policies of resistance economy based on diversifying the crude sales methods and taking advantage of capacities of private sector in order to export crude oil.

As per law. the Oil Ministry is obliged to offer on a monthly basis light and heavy crude plus natural gas condensate via the energy exchange.

About core

Check Also

Iran-Turkey Five-Month Trade Exceeds $6b

The value of non-oil trade between Iran and Tukey stood at $6.01 billion in the …

Leave a Reply

Your email address will not be published. Required fields are marked *