IRENEX

Iran Energy Exchange (IRENEX) on Monday launched its ‘Green Power Board’ where renewable power plants can sell their output. The event, attended by the Minister of Energy Ali Akbar Mehrabian,…

The head of Iran's Renewable Energy and Energy Efficiency Organization (SATBA), is setting up a ‘Green Power Board’ at the Iran Energy Exchange (IRENEX), to help improve market competition.

Trade at the Iran Energy Exchange jumped in the ninth month of current fiscal year to December 22 compared to the same period last year. Energy carriers and commodities worth 111.35 trillion…

Iran has more than 33 trillion cubic meters of proven gas reserves, accounting for 16.6% of the world’s total. This makes it the world’s second biggest after Russia. 

Iran Energy Exchange is collaborating with the National Iranian Oil Company on plans to launch commodity-linked certificate of deposits backed by oil and energy carriers.  Ali Naqavi, the…

Trade in the Iran Energy Exchange (IRENEX) reached 1,480 trillion rials ($4.9 billion) in the last fiscal year that ended on March 20. According to Ali Naqavi, managing director of IRENEX, this…

The Iran Energy Exchange (IRENEX) for the first time on Wednesday launched futures contracts backed by energy carriers.    Naphtha and methanol are the underlying assets of the first…

Trade at Iran Energy Exchange rose 27% in the first half of current fiscal year (March 21-Sept.22) compared to the similar period last year. Energy carriers and commodities worth 609.96…

The Iran Energy Exchange has so far sold “Capacity Certificate” worth 18.24 trillion rials ($70 million) since the financial instrument was first launched in February 2020. Certificates changed…

Deals worth 187.3 trillion rials ($780 million) were handled in the spot market of the Iran Energy Exchange (IRENEX) in the first three months of the current fiscal year (March 21-June 21),…

Iran Energy Exchange is to launch futures contracts for  petroleum products in near future, the IRENEX chief said.  “The Securities and Exchange Organization approved the guidelines…

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 on Sunday. The…

Commodities weighing 2.89 million tons worth 338 trillion rials ($1.5 billion) were traded at the Iran Mercantile Exchange in the last Iranian month (Dec.21-Jan.19).  The deals grew 5% in…

More than 28 million barrels of gasoline were sold at the international ring of Iran Energy Exchange on Wednesday -- a record both in terms of value and volume. The gasoline was worth 230…

Oil byproducts worth $100 million were traded in the international ring of the Iran Energy Exchange in the month to October 18.  Gasoline was at the top of list with total trade value of $…

Goods worth 243.4 trillion rials ($960 million) were traded at Iran Mercantile Exchange during the month to Sept 13. Companies traded 2.41 million tons of goods during the month to register…

Oil products costing $108 million were traded in the international ring of the Iran Energy Exchange in one month to August 15.  Heavy naphtha was the main item with a total of value of $36…

Iran Energy Exchange announced Sunday that the plan to offer parallel salaf contracts to be backed by crude oil exports has been postponed.  In a notice on its website, it’s public…

The National Iranian Oil Company plans to offer standard parallel salaf contracts for 520,000 barrels of heavy crude oil via Iran Energy Exchange.   As per a notice published on the codal.…

Value of trade at the Iran Energy Exchange surged in the first four months of current fiscal year (March 20-July 21).  Data from IRENEX shows more than 295.82 trillion rials ($1.2 billion…

Petroleum products valued at $133 million were traded in the international ring of the Iran Energy Exchange in the fiscal month ending May 16.   Gasoline, liquefied natural gas and…

Gasoline inventories are full and the National Iranian Oil Refining and Distribution Company needs to export the fuel, a spokesman of the Petroleum Products Exporters Union said. “Gasoline…

After a long halt due to lack of buyers, oil officials in Tehran resumed trading crude oil at the Iran Energy Exchange on Wednesday.  State-owned National Iranian Oil Company put 1 million…

Total value of deals conducted at the Iran Energy Exchange reached 537 trillion rials ($3.35 billion) during the last fiscal year that ended on March 19.  The amount was up 171 trillion…

Electrification of agriculture wells will help save 750 million liters of diesel per year, and the saved fuel can be exported via the Iran Energy Exchange.