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2002 Crude Oil Imports From Persian Gulf Highlights:  Released on June 17, 2003
It should be noted that several factors influence the source of a company's crude oil imports. For example, a company like Motiva, which is partly owned by Saudi Refining Inc., would be expected to import a large percentage from the Persian Gulf, while Citgo Petroleum Corporation, which is owned by the Venezuelan state oil company, would not be expected to import a large percentage from the Persian Gulf, since most of their imports likely come from Venezuela. In addition, other factors that influence a specific company's sources of crude oil imports would include the characteristics of various crude oils as well as a company's economic needs. While, in general, crude oil is fungible, i.e., one crude oil can be substituted for another, many refineries are optimized by refining crude oil with specific qualities (e.g., the API gravity, the amount of sulfur in the crude oil, etc.). Also, depending on the global crude oil market condition at the time, the price difference between heavy and light crude oils varies, thus changing the economic dynamics for different refineries. Therefore, many factors determine the source of a company's crude oil imports.

JANUARY - DECEMBER 2002
(Thousands of Barrels)
Totals: 3,336,175 807,640 24%
Company Total Persian Gulf % Persian Gulf
CHEVRON CORP266,095133,24350%
MOTIVA ENTERPRISES LLC246,619203,52783%
PHILLIPS 66 CO238,22226,87211%
EXXON CO USA219,19770,75832%
VALERO MKTG & SUPPLY CO203,561124,79561%
MOBIL OIL CORP201,8039,2045%
SUNOCO INC198,113
MARATHON ASHLAND PETRO LLC172,49578,30845%
AMOCO OIL CO164,27532,30520%
FLINT HILLS RESOURCES LP138,4557,8996%
CITGO PETRO CORP135,29313,42110%
SHELL OIL CO109,991
CONOCO INC98,0466171%
LYONDELL CITGO REFG LP89,1179,52511%
PHILLIPS PETRO CO85,45414,56417%
PORT ARTHUR COKER CO61,2432,9695%
ATOFINA PETROCHEMICALS INC54,90023,04842%
BP OIL SUPPLY CO52,9702,2604%
EL PASO MERCHANT ENERGY-PETRO 48,048
PREMCOR REFG GROUP INC THE 44,8896,31314%
ORION RFNG CORP 44,0071,4473%
ARCO PROD CO38,0806,09516%
MURPHY OIL USA INC36,8107,01219%
CHALMETTE REFG LLC 32,387
TESORO PETRO CORP 30,981
CITGO ASPH REFG CO 23,978
PDV MIDWEST REFG LLC 23,794 517 2%
EQUIVA TRADG CO21,383
UNITED REFG CO21,286
TESORO HAWAII CORP19,233
WILLIAMS REFG & MKTG LLC18,628
CENEX HARVEST STATES COOP16,827
SHELL CHEM LP 16,766
DIAMOND SHAMROCK REFG & MKTG 15,5222,41516%
LION OIL CO12,50812,508100%
SHELL US TRADG CO12,161
CROWN CENTRAL PETRO CORP 11,774
ULTRAMAR INC 11,249632 6%
HUNT CRUDE OIL SUPPLY CO 10,6275,37051%
SINCLAIR OIL CORP 10,460
TPI PETRO INC 9,8057,51577%
GIANT YORKTOWN INC 9,007
FRONTIER OIL & REFG 8,438
ERGON REFG INC 6,638
STRATEGIC PETRO RESERVE 5,767
KOCH SUPPLY & TRDG CO 5,6561,03918%
TRIGEANT LTD 5,421
SHELL OIL PRODTS US 4,843
VITOL S A INC4,667
BAYOIL USA INC 3,4623,462100%
EDGINGTON OIL CO 3,235
FARMLAND INDUS INC CRA 2,553
MONTANA REFG CO 2,183
FLYING PETRO INC1,653
STATOIL MKTG & TRDG (US) INC 1,096
MORGAN STANLEY CAPITAL GRP INC1,074
NCRA 1,034
ATLANTIC TRDG & MKTG INC948
HESS ENERGY TRADING CO LLC548
EQUILON ENTERPRISES LLC 538
EQUISTAR CHEMICALS LP252
TEXACO REFG & MKTG INC 110
Persian Gulf includes = Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates.

File last modified: 3/19/2007
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