Sales of refining products
The economic slowdown on the Czech market had an adverse effect on fuel consumption. The impact of the unfavourable market situation was compounded by competition from the grey market, particularly in H1 2013.
As a result of the challenging market environment, floods, as well as a maintenance shutdown at the Kralupy refinery, which is scheduled every four years, the sales volumes of light and middle distillates of the ORLEN Group were down 8.4% year on year.
Increased production of bitumens and heavy fuel oil, and therefore higher sales of these products (up 15.3% year on year), were primarily caused by the scheduled maintenance shutdown at the Kralupy refinery in 2013.
The Unipetrol Group continued its cooperation with large fuel companies and hypermarket chains. In 2013, fuels were sold to Slovakia and Germany, including to the service stations owned by ORLEN Deutschland GmbH, and additionally exports to Hungary were launched.
In November 2013, an agreement for the sale of 16.335% of shares in Česká Rafinérská a.s. was signed between Shell Overseas Investments B.V. and Unipetrol a.s., which will further strengthen the ORLEN Group's position on the Czech market and will enable continued development of the trading operations.The ownership of the shares was effectively transferred to Unipetrol a.s. in January 2014.
Sales volumes of refining products on the Czech market.