Refining NZ Releases Its Operational Update for March-April 2020

  • May 24, 2020 NZST
  • Team Kalkine
Refining NZ Releases Its Operational Update for March-April 2020

 

New Zealand Refining Company Limited (NZX:NZR) has changed the operational ways in March due to an unprecedented reduction in fuel demand as a consequence of global COVID-19 travel and transport restrictions.

The processing facilities are operating on a rotating basis to reduce production significantly in line with the fewer demands.

Few highlights are:

  • Refinery throughput for March/April was 4.7 million barrels (33 per cent lower than January/February)
  • Refinery to Auckland Pipeline (RAP) throughput for March/April was 2.0 million barrels (44 per cent lower than January/February)

 

 


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