Investor Presentaiton
Lytton refinery key metrics
32
Lytton Refiner Margin¹
LRM (US$/bbl and Acpl)
29.0
Operational performance
BL
High Value Production Volumes, Production Utilisation (%)
3.50
84
87
88
86
86
%
79
78
3.00
80
2.50
55
14.2
00
60
32.96
11.3
2.00
43
9.7 9.2
4.4
4.5
5.13 5.48 6.29 6.76
5.1
5.8
1.50
2.82
2.88
3.01
2.89
3.01
40
15.46
2.66
40
11.24 10.59
11.76
1.00
1.97
1.45
0.50
4Q 1Q 2Q 3Q
2020 2021 2021 2021
4Q
2021
1Q 2Q
2022 2022 2022
3Q
4Q
2022
LRM (US$/bbl) LRM (Acpl)
LRM build-up (US$/bbl)
20
O
1H 2019 2H 2019 1H 2020 2H 2020 1H 2021
HVP Production volumes (LHS)
2H 2021 1H 2022
Utilisation (RHS)
2H 2022
Production slate
2019
2020
2021
2022
2022
2021
Diesel
36%
45%
42%
38%
Singapore WAM
21.49
8.04
Jet
12%
6%
6%
9%
Product freight
8.50
3.99
Subtotal middle distillates
48%
51%
48%
46%
Quality premium
0.80
0.63
Landed crude premium
(10.50)
(3.59)
Premium petrols
14%
15%
14%
14%
Yield loss
(0.72)
(0.47)
Regular petrols
32%
32%
35%
37%
Other related hydrocarbon costs
(1.71)
(1.10)
LRM (US$/bbl)
LRM (Acpl)
17.86
16.08
7.50
6.32
Subtotal petrols
Other
Total
46%
47%
49%
51%
6%
3%
3%
3%
100%
100%
100%
100%
Notes:
1.
The Lytton Refiner Margin (LRM) represents the difference between the cost of importing a standard Ampol basket of products to Eastern Australia and the cost of importing the crude oil required to make that product basket. The LRM calculation represents:
average Singapore refiner margin (WAM) + product quality premium + crude discount/(premium) + product freight - crude freight - yield loss + Other Related Hydrocarbon costs. LRM is converted to an Australian dollar basis using the prevailing average monthly
exchange rate.View entire presentation