Tuesday, May 26, 2020   14:09:02
NIOC to Offer 2 mb of Heavy crude oil at IRENEX on Aug. 13

TEHRAN (NIOC) _ The National Iranian Oil Company (NIOC) has planned to sell 2 million barrels of South Pars gas field's condensate on the Iran Energy Exchange (IRENEX) on Aug. 13 at $57.95 p/b.

According to NIOC, this is the 14th gas condensate offering by the company at IRENEX.

Buyers can receive their cargo(es) up to three months after the transaction, and the delivery of the cargo(es) in other areas is subject to approval by the National Iranian Oil Company.


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