New Zealand Refining Company releases operational update for May/June 2020

  • Jul 22, 2020 NZST
  • Team Kalkine
New Zealand Refining Company releases operational update for May/June 2020

New Zealand Refining Company Limited (NZX:NZR) has released its operational update for May and June 2020. Here are the main highlights:

  • Refining NZ’s excellent health, safety and environment performance continued in May and June.
  • Gasoline and diesel demand recovered to end the period at circa 95 per cent and 100 per cent, respectively. 
  • Net debt was circa NZD 250 million at the end of June, reflecting three months of neutral cash operations at the Fee Floor. 

 


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