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- 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
