- Release Date: 10/08/12 10:51
- Summary: MONTHLY: NZR: Margin and Throughput Report May-June 2012
- Price Sensitive: No
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NZR 10/08/2012 08:51 MONTHLY REL: 0851 HRS The New Zealand Refining Company Limited MONTHLY: NZR: Margin and Throughput Report May-June 2012 Refining NZ Throughput and Margins Report for May-June 2012 The Processing Fee for May-June 2012 of NZD 29 million was generated from a throughput of 6.6 million barrels for the two-month period. The average Gross Refinery Margin (GRM) generated for the two month period was USD 4.92 per barrel with an average exchange rate of USD/NZD 0.78. Margin and throughput for the period was impacted by the latter stages of the planned shutdown of the Platformer and Crude Distiller Unit which was completed to plan in early May. All processing units are back on-stream and operating at near full capacity. Year to date The Gross Refining Margin 1), on a year to date basis, averages USD 4.36 per barrel and the exchange rate USD/NZD 0.80. Historic Analysis Five years history of Throughput, Margins and Processing Fees is attached as Appendix II and can also be found on the company's website www.refiningnz.com End CA:00225813 For:NZR Type:MONTHLY Time:2012-08-10 08:51:55
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