Refining & Marketing sales structure
In 2020, the LOTOS Group’s Refining & Marketing segment sold 10,960 thousand tonnes of products (down 4.4% year on year), the bulk of which (9,137 thousand tonnes, or 83.4%) having been placed on the domestic market. Domestic sales grew 2.2%, while exports fell 27.9% year on year.
At 6,046 thousand tonnes (up 1.9%), diesel oil accounted for the major part of overall sales. Nearly its entire volume (98%) was sold domestically. Another product category with a significant share in total sales were gasolines (which sold 1,643 thousand tonnes (down 0.3%)). Sales of heavy products also fell off (to 982 thousand tonnes, down 45.4%), due mainly to lower exports, which accounted for the majority of sales within this product category.
Refining & Marketing sales structure (tonnes)
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| domestic sales | exports | total | domestic sales | exports | total | |
| Gasolines | 1,447,539 | 195,528 | 1,643,066 | 1,411,177 | 236,049 | 1,647,227 |
| Pyrolysis gasoline | 0 | 567,401 | 567,401 | 0 | 474,031 | 474,031 |
| Reformate | 0 | 43,867 | 43,867 | 0 | 0 | 0 |
| Diesel oil | 5,912,456 | 133,837 | 6,046,294 | 5,932,327 | 0 | 5,932,327 |
| Bunker fuel | 109,331 | 0 | 109,331 | 94,537 | 0 | 94,537 |
| Light fuel oil | 235,141 | 0 | 235,141 | 228,816 | 0 | 228,816 |
| Heavy products | 528,047 | 454,395 | 982,443 | 528,637 | 1,269,442 | 1,798,080 |
| Jet | 75,086 | 153,538 | 228,624 | 192,200 | 252,508 | 444,707 |
| Lubricants | 34,570 | 42,673 | 77,243 | 26,752 | 42,295 | 69,047 |
| Base oils | 13,166 | 166,987 | 180,153 | 12,310 | 174,880 | 187,189 |
| LPG | 246,785 | 975,318 | 247,760 | 243,252 | 0 | 243,252 |
| Other petroleum products | 534,643 | 63,581 | 598,224 | 265,724 | 79,747 | 345,471 |
| TOTAL | 9,136,763 | 1,822,784 | 10,959,547 | 8,935,732 | 2,528,951 | 11,464,683 |
| Crude oil (material) | 80,583 | 80,583 | 0 | 0 | ||
| TOTAL | 9,217,346 | 1,822,784 | 11,040,130 | 8,935,732 | 2,528,951 | 11,464,683 |
Source: the Company.