Iran Energy Exchange
Tehran, Iran
Abbreviation
IRENEX
Location
Tehran, Iran
Region
Asia
Product Types
Energy
About Iran Energy Exchange
The Iran Energy Exchange (IRENEX), supervised by the Iranian Securities and Exchange Organisation (SEO), is Iran's regulated marketplace for energy carriers. Established in 2012, IRENEX facilitates the trading of crude oil, petroleum products (gasoline, gasoil, fuel oil, naphtha), electricity, natural gas, and petrochemical products within Iran's domestic market. As Iran is one of the world's largest holders of oil and natural gas reserves, IRENEX plays a critical role in Iran's domestic energy price-discovery system, operating alongside the Iran Mercantile Exchange.
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