BAZAN Group Oil Refineries Ltd. 2013 Results March 2014 1
Disclaimer This presentation has been prepared by Oil Refineries Ltd. (the Company) as a general presentation of the Company and its financial results. The information included in the presentation and any other information…
Operating Results Highlights Improvements demonstrated in results across the Petchem and Refining sectors despite the very low benchmark refining margins Technological improvements (Hydrocracker and Natural Gas) led to a Q4…
Operating Environment Crude Oil Prices Brent, /Bbl 130 Trend of oil prices during 2013 120 Security concerns in the Middle 110 East and black sea 100 Decrease in exports from North Africa (Libya) 90 Futures market continue 80…
Operating Environment Mediterranean Ural Cracking Margin Ural Med Margin, /Bbl 12 Ural Med Margin Benchmark 9 Margin 6 Margins decrease due to 3 security tensions in the Middle 0 East and rising oil prices -3 Reached negative…
Operating Environment Petrochemical Products Polymer Prices Above Naphtha, /Ton 1,000 Polyehylene Polypropylene Polymer Margins 900 Remained stable with slight 800 upward trend 700 Higher margins than last year 600 500 400…
Operating Environment Assessment of National Transportation Fuel Demand Local Consumption Transportation Fuel, KTon Local Consumption: Transport 6,322 6,424 + 2% Fuel 2,819 While European transport fuel 2,785 consumption…
Fourth Quarter First and full year 2013 Results ORL Refining Margin vs. Regional Benchmark (/bbl) 5.3 5.2 4.9 4.2 4.1 3.2 3.1 2.9 2.7 1.7 1.2 0.3 Q4 12 Q4 13 ) Reuters- ) Source: Reuters Note: Adjusted margin is…
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