OREANDA-NEWS. In April 2015, LOTOS’s model refining margin was USD 7.87/bbl, having grown nearly 19% year on year.

Since the beginning of the year, LOTOS has posted strong model refining margin, peaking in March 2015 at USD 10.32/bbl, the best result since early 2013.

In Q1 2015, the Gda?sk refinery’s workload was adjusted to market conditions, which remained positive. The refinery’s capacity utilisation rate was just below 93% (up 5.1 pp year on year). With its operations stable, the refinery maintained a throughput of 2,379.2 thousand tonnes (up 5% year on year). Efficient downstream operations enabled LOTOS to take advantage of a period of strong refining margin, which reached USD 9.4/bbl in Q1 2015 (up 86% year on year).