20 Nov 2009

NZ Refinery production down, for work

9:27 pm on 20 November 2009

The average gross operating margin fell to $1.16 US a barrel in the two-month period, and the processing fee totalled $6 million.

The country's only refinery says the margin has fallen significantly due to rising crude prices, a fall in demand for fuel, and over supply in global refining capacity.