2012 Crude Oil Imports From Persian Gulf Highlights

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 - June 2012 (thousand barrels)
Totals:	1,562,249	396,423	25%
Company	Total	Persian Gulf	% Persian Gulf
EXXONMOBIL OIL CORP	205,110	69,103	34%
CONOCOPHILLIPS CO	182,116	8,174	4%
VALERO MARKETING & SUPPLY CO	162,171	71,281	44%
CHEVRON USA INC	124,325	52,405	42%
MARATHON PETROLEUM CO LLC	99,740	55,225	55%
BP PRODUCTS NORTH AMERICA INC	97,183	16,036	17%
CITGO PETROLEUM CORP	76,803	0	0%
MOTIVA ENTERPRISES LLC	69,531	62,211	89%
FLINT HILLS RESOURCES LP	55,101	4,376	8%
PAULSBORO REFINING CO LLC	52,485	24,085	46%
SUNOCO INC	51,717	0	0%
HOUSTON REFINING LP	47,595	3,549	7%
SHELL OIL CO DEER PARK	44,144	0	0%
TESORO CORP	39,295	6,204	16%
BP WEST COAST PRODUCTS LLC	27,717	9,249	33%
TOTAL PETROCHEMICALS USA INC	22,156	6,592	30%
SUNCOR ENERGY USA INC	19,317	0	0%
PDV MIDWEST REFINING LLC	19,229	0	0%
SHELL OIL PRODUCTS US	17,713	0	0%
CHALMETTE REFINING LLC	13,243	0	0%
HUSKY MARKETING & SUPPLY CO	12,969	0	0%
HOLLYFRONTIER REFINING MKTG	11,812	0	0%
PRSI TRADING LLC	11,656	0	0%
UNITED REFINING CO	11,364	0	0%
SHELL US TRADING CO	11,128	3,545	32%
CHS INC	8,669	0	0%
JP MORGAN VENTURES ENERGY CORP	7,223	0	0%
CENOVUS ENERGY MKTG SVCS LTD	7,136	0	0%
VITOL SA INC	7,115	0	0%
SINCLAIR OIL CORP	6,483	0	0%
HUNT CRUDE OIL SUPPLY CO	6,304	2,323	37%
NUSTAR ASPHALT LLC	4,746	0	0%
ERGON OIL PURCHASING INC	4,404	0	0%
CALUMET SPECIALTY PRODTS PTNRS	3,758	0	0%
TIDAL ENERGY MARKETING INC	2,728	0	0%
NATIONAL COOP REFINERY ASSOC	2,576	0	0%
MONTANA REFINING CO	1,814	0	0%
US OIL & REFINING	1,555	0	0%
KOCH SUPPLY TRADING LP	1,538	1,538	100%
STATOIL MKTG & TRDG US INC	1,530	93	6%
TAUBER OIL CO	1,485	0	0%
SHELL CHEMICAL LP	1,170	0	0%
ATLANTIC TRADING MARKETING	1,087	434	40%
MERCURIA ENERGY CANADA INC	863	0	0%
NEXEN MARKETING USA INC	840	0	0%
TRAFIGURA AG	728	0	0%
GLOBAL CO LLC	667	0	0%
PLAINS MIDSTREAM CANADA ULC	500	0	0%
ASTRA OIL CO LLC	458	0	0%
PLAINS MARKETING LP	401	0	0%
ENI TRADING SHIPPING INC	308	0	0%
CONNACHER OIL & GAS LIMITED	209	0	0%
MORGAN STANLEY CAPITAL GRP INC	126	0	0%
CANNAT ENERGY INC	98	0	0%
DELTA TRADING LP - PALOMA	92	0	0%
VISTA PETROLEUM SERVICES INC	15	0	0%
POWER ENERGY PARTNERS LP	3	0	0%

Persian Gulf includes = Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates.