. The Geelong Refinery delivered a strong operational performance, producing at near full capacity in 1H2022. Actual Geelong Refining Margin (GRM) achieved in 2Q2022 was US$30.8/BBL, which is a significant increase on the GRM of US$8.3/BBL reported for the quarter ended 31 March 2022 (1Q2022).
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. After a period of significant losses during the pandemic, it is especially pleasing to see our refining business now delivering strong results and playing a key role in meeting the country’s energy security needs.
So get yah ICE cars fueled up..
EPS promises to be larger by Decemeber.