Neustadt Refinery

Summary Information Ownership: Bayernoil Website: http://www.bayernoil.de/ (German) Location: Bavaria, Germany Capacity: 4.3 million tons/annum & 86,000 bbl/day Nelson Complexity: 6.8 Refining Depth: Brief Description One half of a pair of refineries that is operated together, together with Vohburg Refinery the refinery is small but of medium complexity, with Euro V production capabilities Refining Units Atmospheric Distillation - 4.3 Million Tons Vacuum distillation units - 2.3 Million Tons Catalytic cracker - 1.4 Million Tons Thermal cracker - 0.8 Million Tons Gasoline desulfurization - 1.2 Million Tons Gasoline refining plants - 0.8 Million Tons Middle distillate desulphurisation - 3.2 Million Tons Mild-Hydrocracker - 2.0 Million Tons Terminal Capacity Crude Oil: Refined Products: Crude Supply The supply of crude oil is via the Trans Alpine Pipeline (TAL). Crude sourced from Africa, Venezuela, Norway and Saudi Arabia Products Produced propane and butane, refinery gas, all fuel types, diesel and light and heavy fuel oil Ongoing Projects - Other Information - History 2003 - BP sells stake in Bayernoil to OMV 2008 - Completion of new hydrogen unit 2010 - Rosneft purchased a share in Ruhr Oel, one of the refinery's partners 2012 - OMV announced its intention to sell it 45% stake 2013 - Varo Energy agrees to buy OMV's stake 2014 - Varo completes acquistion Relevant Links German Petroleum Association In German Uhde Downstream Oil And Gas Projects BP sells stake in Bayernoil refinery and 313 gas stations in OMV Rosneft Acquires Leading Downstream Position in Germany: 50% of Ruhr Oel OMV appoints Deutsche Bank to handle the divestment program in R&M The Carlyle Group and Vitol Group to invest in Varo Energy to Create a Major New Energy Midstream Group across North-West Europe Varo Energy completes acquisition of assets, including stake in Bayernoil refinery, from OMV