Iran Energy Exchange (IRENEX)
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The Iran Energy Exchange was established in accordance with the Act in July 2012. The geo-economic situation of Islamic Republic of Iran and its rank as one of the world's largest oil and gas producers, plus its outstanding infrastructure in electrical power and other energy resources has made the existence and expansion of an energy exchange inevitable in Iran.
As the Statute of the IRENEX – as a self-regulatory commodity exchange- stipulates that all energy carriers and energy based derivatives shall be listed and traded on one of the IRENEX markets. The company's mission is to develop a market in which trades are done under transparency, efficiency and liquidity.
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