LOTOS achieves higher margin
OREANDA-NEWS. September 04, 2015. In August 2015, LOTOS reported a model refining margin of USD 8.51 per barrel, up by 25.3% on July 2015 and 23.8% on August 2014.
The model refining margin for the second quarter of 2015 was USD 8.08/bbl, compared with USD 4.97/bbl in the same period last year.
The margin calculation is built around the presented yield structure, with the following price indices assigned:
•14.14% gasoline (PRM UNL 10 ppm ARA);
•4.24% naphtha (Naphtha CIF NWE);
•4.53% LPG (50% Propane FOB NWE, 50% Butane FOB NWE);
•49.57% diesel oil (ULSD 10 ppm CIF NWE);
•5.34% jet fuel (Jet CIF NWE);
•18.11% heavy fuel oil (HFO 3.5%S ARA);
•4.07% refinery’s own consumption.
The margin calculation was reduced by the estimated cost of natural gas consumption (including transmission costs), totalling approximately USD 3 per barrel of processed oil.
Communications Office, Grupa LOTOS S.A., ul. Elbl?ska 135, 80-718 Gda?sk, Poland, tel. (+48) 58 308 87 31, (+48) 58 308 83 88, (+48) 58 308 83 55, e-mail: media@grupalotos.pl
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