Australia's Ampol Q4 refinery margin slumps on operational issues at Lytton

Reuters

2025/01/23

UPDATE 1-Australia's Ampol Q4 refinery margin slumps on operational issues at Lytton

Adds background, details in paragraphs 2&3

Jan 23 (Reuters) - Ampol Ltd ALD.AX reported a 56% drop in fourth-quarter margins at its Lytton refinery in Queensland on Thursday, as Australia's top fuel retailer struggled with operational constraints.

The company in November completed repairs at the fluidized catalytic cracking unit (FCCU) at the refinery after it experienced operational issues.

Refinery margin was $4.60 per barrel for the three months to Dec. 31, compared with last year's $10.52 per barrel.

The company posted total refinery production of 1.54 billion litres during the quarter, higher than the 1.43 billion litres in the year-ago period.

(Reporting by John Biju in Bengaluru; Editing by Sriraj Kalluvila)

((John.Biju@thomsonreuters.com;))

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Editing by Sriraj Kalluvila)</p><p> ((John.Biju@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7065","symbol_name":"石油与天然气的炼制和营销","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250122:nL3N3OI1OK:2","article_id":"2505701067","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505701067","pubTimestamp":1737583039,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"UPDATE 1-Australia's Ampol Q4 refinery margin slumps on operational issues at LyttonAdds background, details in paragraphs 2&3. Jan 23  - Ampol Ltd ALD.AX reported a 56% drop in fourth-quarter margins at its Lytton refinery in Queensland on Thursday, as Australia's top fuel retailer struggled with operational constraints.The company in November completed repairs at the fluidized catalytic cracking unit  at the refinery after it experienced operational issues.Refinery margin was $4.60 per barrel for the three months to Dec. 31, compared with last year's $10.52 per barrel.The company posted total refinery production of 1.54 billion litres during the quarter, higher than the 1.43 billion litres in the year-ago period.  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