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 - December 2012 (thousand barrels)
Totals:	3,064,007	764,564	25%
Company	Total	Persian Gulf	% Persian Gulf
EXXONMOBIL OIL CORP	393,676	129,600	33%
PHILLIPS 66 CO	358,583	21,518	6%
VALERO MARKETING & SUPPLY CO	318,935	137,780	43%
CHEVRON USA INC	227,382	82,169	36%
MARATHON PETROLEUM CO LLC	195,604	110,494	56%
BP PRODUCTS NORTH AMERICA INC	184,313	30,825	17%
CITGO PETROLEUM CORP	150,650	965	1%
MOTIVA ENTERPRISES LLC	134,046	119,257	89%
FLINT HILLS RESOURCES LP	105,600	10,440	10%
PAULSBORO REFINING CO LLC	102,022	47,601	47%
HOUSTON REFINING LP	90,610	7,043	8%
SHELL OIL CO DEER PARK	89,628	0	0%
TESORO CORP	84,234	12,448	15%
BP WEST COAST PRODUCTS LLC	76,145	29,713	39%
SUNOCO INC	70,220	0	0%
PDV MIDWEST REFINING LLC	48,393	0	0%
JP MORGAN VENTURES ENERGY CORP	46,841	0	0%
TOTAL PETROCHEMICALS USA INC	43,150	12,771	30%
SUNCOR ENERGY USA INC	34,512	0	0%
SHELL OIL PRODUCTS US	33,382	0	0%
HOLLYFRONTIER REFINING MKTG	25,806	0	0%
CHALMETTE REFINING LLC	25,325	96	0%
HUSKY MARKETING & SUPPLY CO	25,106	0	0%
UNITED REFINING CO	23,353	0	0%
SHELL US TRADING CO	18,763	3,545	19%
CHS INC	17,306	0	0%
CENOVUS ENERGY MKTG SVCS LTD	14,961	0	0%
PRSI TRADING LLC	13,606	0	0%
HUNT CRUDE OIL SUPPLY CO	12,142	5,062	42%
VITOL SA INC	12,078	0	0%
SINCLAIR OIL CORP	11,318	0	0%
NUSTAR ASPHALT LLC	11,134	0	0%
CALUMET SPECIALTY PRODTS PTNRS	7,723	0	0%
ERGON OIL PURCHASING INC	7,460	0	0%
TIDAL ENERGY MARKETING INC	6,865	0	0%
NATIONAL COOP REFINERY ASSOC	5,989	0	0%
TAUBER OIL CO	4,053	0	0%
MERRILL LYNCH COMMODITIES INC	3,212	0	0%
US OIL & REFINING	2,846	0	0%
MONTANA REFINING CO	2,736	0	0%
SHELL CHEMICAL LP	2,240	0	0%
STATOIL MKTG & TRDG US INC	2,239	93	4%
GLOBAL CO LLC	1,944	0	0%
ARON J & CO	1,940	1,172	60%
TRAFIGURA AG	1,866	0	0%
ATLANTIC TRADING MARKETING	1,712	434	25%
KOCH SUPPLY TRADING LP	1,538	1,538	100%
NEXEN MARKETING USA INC	1,459	0	0%
NUSTAR ASPHALT REFINING LLC	1,210	0	0%
PLAINS MARKETING LP	1,201	0	0%
MERCURIA ENERGY CANADA INC	1,113	0	0%
BP CANADA ENERGY MARKETING	1,057	0	0%
PLAINS MIDSTREAM CANADA ULC	1,011	0	0%
CALUMET MONTANA REFINING LLC	920	0	0%
CANNAT ENERGY INC	721	0	0%
ASTRA OIL CO LLC	624	0	0%
CONNACHER OIL & GAS LIMITED	420	0	0%
ENI TRADING SHIPPING INC	308	0	0%
DELTA TRADING LP - PALOMA	211	0	0%
POWER ENERGY PARTNERS LP	159	0	0%
LANSING TRADE GROUP LLC	138	0	0%
MORGAN STANLEY CAPITAL GRP INC	126	0	0%
VISTA PETROLEUM SERVICES INC	49	0	0%
UET RR LLC	34	0	0%
LANSING ETHANOL SERVICES LLC	25	0	0%
FREEPOINT COMMODITIES LLC	21	0	0%
CREST ENERGY PARTNERS LP	13	0	0%

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