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2004 Crude Oil Imports From Persian Gulf Highlights: Released on June 29, 2005
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
(Thousand Barrels) |
|---|
| Totals: |
3,692,063 |
878,510 |
24% |
| Company |
Total |
Persian Gulf |
% Persian Gulf |
|
| VALERO MKTG & SUPPLY CO |
322,393 |
126,838 |
39% |
| EXXONMOBIL CO USA |
289,789 |
130,906 |
45% |
| CHEVRON CORP |
280,662 |
111,266 |
40% |
| SUNOCO INC |
261,586 |
|
|
| PHILLIPS 66 CO |
250,815 |
26,725 |
11% |
| MOTIVA ENTERPRISES LLC |
232,731 |
182,271 |
78% |
| BP PRODTS N AMER INC |
206,460 |
45,514 |
22% |
| EXXONMOBIL OIL CORP |
204,806 |
16,506 |
8% |
| MARATHON ASHLAND PETRO LLC |
189,550 |
88,905 |
47% |
| CITGO PETRO CORP |
146,328 |
5,976 |
4% |
| FLINT HILLS RESOURCES LP |
142,778 |
12,333 |
9% |
| SHELL OIL CO |
114,564 |
|
|
| PREMCOR REFG GROUP INC THE |
99,480 |
20,904 |
21% |
| LYONDELL CITGO REFG LP |
97,443 |
1,400 |
1% |
| PHILLIPS PETRO CO |
92,996 |
15,202 |
16% |
| CONOCO INC |
91,747 |
2,306 |
3% |
| SHELL US TRADG CO |
59,174 |
1,772 |
3% |
| BP WEST COAST PRODTS LLC |
58,535 |
38,523 |
66% |
| PORT ARTHUR COKER CO |
55,586 |
|
|
| PDV MIDWEST REFG LLC |
53,922 |
978 |
2% |
| ATOFINA PETROCHEMICALS INC |
50,133 |
19,902 |
40% |
| TESORO PETRO CORP |
42,016 |
2,432 |
6% |
| MURPHY OIL USA INC |
38,780 |
978 |
3% |
| CHALMETTE REFG LLC |
37,091 |
|
|
| CITGO ASPH REFG CO |
29,439 |
|
|
| UNITED REFG CO |
22,973 |
|
|
| TESORO HAWAII CORP |
22,626 |
3,433 |
15% |
| ASTRA OIL CO INC |
21,571 |
|
|
| SHELL CHEM LP |
20,256 |
|
|
| GIANT YORKTOWN INC |
17,991 |
|
|
| TOTAL PETROCHEM USA INC |
17,884 |
7,375 |
41% |
| CHS INC |
17,243 |
|
|
| SINCLAIR OIL CORP |
13,677 |
|
|
| HUNT CRUDE OIL SUPPLY CO |
10,941 |
5,422 |
50% |
| FRONTIER OIL & REFG |
9,434 |
|
|
| LION OIL CO |
8,718 |
8,718 |
100% |
| KOCH SUPPLY & TRDG CO |
8,187 |
1,925 |
24% |
| SUNCOR ENERGY (USA) INC |
7,704 |
|
|
| TRIGEANT LTD |
6,645 |
|
|
| ERGON REFG INC |
6,555 |
|
|
| ATLANTIC TRDG & MKTG INC |
4,807 |
|
|
| CROWN CENTRAL PETRO CORP |
4,704 |
|
|
| VITOL S A INC |
3,231 |
|
|
| EDGINGTON OIL CO INC |
2,691 |
|
|
| MONTANA REFG CO |
2,565 |
|
|
| NCRA |
2,478 |
|
|
| SHELL OIL PRODTS US |
2,304 |
|
|
| FLYING J PETRO INC |
2,103 |
|
|
| SEMPRA ENERGY TRADING CORP |
1,555 |
|
|
| STATOIL MKTG & TRDG (US) INC |
1,373 |
|
|
| EQUISTAR CHEMICALS LP |
1,039 |
|
|
| PLAINS MKTG CANADA LP |
544 |
|
|
| WESTPORT PETRO INC |
477 |
|
|
| GLENCORE LTD |
370 |
|
|
| EL PASO MERCHANT ENERGY PETRO |
278 |
|
|
| PARAMOUNT PETRO CORP |
214 |
|
|
| US OIL & REFG CO |
121 |
|
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Persian Gulf includes = Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates.
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