reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude
that were traded for example includes crude oil, naphtha, fuel oil, and gasoline products. Performance comparison between Q1/2019 and Q4/2018, refinery business group EBITDA increased by THB 1,936
from rise in value of the Low Sulphur Fuel Oil product group which the market has demand for adhering to the IMO measures. Despite the amount of trade and transaction of crude oil and finished product
replace its catalyst from mid-July to mid-August. The unit has currently resumed operation and operates at full capacity. Despite the higher Fuel Oil yield portion during this quarter, the refinery
transactions by 10.82 million barrels (+71%) compared to 2018. The main products that were transacted include crude oil, Gasoline, and Fuel Oil. Within this year BCPT was able to expand their market to new
refineries reducing their production of Gasoline produced from the Fluid Catalytic Cracking unit in order to repurpose intermediates towards the production of Low Sulphur Fuel Oil. The said oil is meant to
spread (DTD/DB), and the improvement of Fuel Oil / Dubai (FO/DB) crack spread. However, due to the crude price drop in this quarter, there was an inventory loss of THB 1,010 million, leading to an EBITDA
Corporation Plc. regulation standards enforced since the previous April. Supply side saw various refineries in Europe, Asia, and the U.S. going through emergency shutdowns, tightening supplies. Fuel oil
transaction of 4.55 million barrels. The majority of trade consist of gasoline, crude oil, fuel oil, and Naphtha. The higher earning stemmed from the procurement of finished product for the refinery during TAM
crude in the region increased as preparations Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation Plc. I 9 are made for the production of low Sulphur fuel oil before