Nadvoyansky oil refinery lost over 1 million grivnas in Q1

Neftechimik Prikarpatya (Nadvoyansky oil refinery controlled by Private Group) lost over 1.09 million grivnas in Q1, by 34 times less than in Q1 2012. Net revenue increased by 5.9 times to 174.21 million grivnas. Gross loss declined by 9.6% to 21.18 million grivnas. In 2012, net loss by ISA was 34.47 million grivnas.

The enterprise processed oil at a rate of 9,100 tons in November 2012 for the first time in the year, within the bounds of preparing to winter, and no more processing was planned later. In December 2012 the plant was idle.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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