9 Feb 2010

Margin down at NZ Refining

6:05 am on 9 February 2010

The New Zealand Refining Company says it is operated at near full capacity in November and December, but margins were at a five year low.

Marsden Point refinery produced 7.2 million barrels during the two months, but the gross refining margin was $1.18 per barrel, compared with $9 for the same period a year earlier.