In June 2015, LOTOS reported a model refining margin of USD 8.73 per barrel, a 16.5% increase from May 2015 and almost double the figure posted in June 2014.

The model refining margin for the entire 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. Elbląska 135,
80-718 Gdańsk,
tel. 58 308 87 31, 58 308 83 88, 58 308 83 55,
e-mail: media@grupalotos.pl