NIOC to Sell 6mn Barrels of Crude Oil, Gas Condensate on IRENEX
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to sell 6 million barrels of heavy and light crude oil and gas condensate at the international floor of the Iran Energy Exchange (IRENEX).
Amir Hossein Tebyanian, a representative of NIOC at IRENEX, said: On Monday (February 17), 2 million barrels of condensate, on Tuesday (February 18) 2 million barrels of light crude oil and on Wednesday (February 19), 2 million barrels of heavy crude oil will be supplied to the international floor of IRENEX.”
He said, the price of condensate would be 9 dollars less than Dubai FOB, light crude would be priced $7 less than Brent FOB, and heavy crude would be $8.5 lower than Brent FOB.
Amir Hossein Tebyanian, a representative of NIOC at IRENEX, said: On Monday (February 17), 2 million barrels of condensate, on Tuesday (February 18) 2 million barrels of light crude oil and on Wednesday (February 19), 2 million barrels of heavy crude oil will be supplied to the international floor of IRENEX.”
He said, the price of condensate would be 9 dollars less than Dubai FOB, light crude would be priced $7 less than Brent FOB, and heavy crude would be $8.5 lower than Brent FOB.