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17
RECOPEANNUALREPORT2014
Regarding the purchase procedure, US$2,100.07 million were bougth
through international tenders, an amount that represents 99.7% of the total value
of imports. Related to the distribution of imports by supplier, although from 2011
to 2014 RECOPE has sought to diversify its suppliers, since 2012, Valero Marketing
is the supplier with the largest share of
hydrocarbon purchases made by the
Company; from January to December
2014, it had a 76.98% share.
The proportion shown by
Valero Marketing and Supply Co. of
76.98% is based on one year import
contract. During 2014, the volume of
imports from that supplier was 15.07
million barrels, comprised as follows: 3.69
million barrels of gasoline Ron 91, 3.11
million barrels of gasoline Ron 95, 6.86
million 0.0015 barrels of diesel S (sulfur)
and 1.41 million barrels of Jet Fuel.
Moreover, Trafigura Beheer BV had a relative share of 12.48%, which
is related to an imported volume of 0.95 million barrels of fuel oil 1.8%S and 1.41
million barrels of LPG.
Distribution of volume percentages for imports by supplier.
2011-2014
Source:
Prepared by the Corporate Planning Department. Information supplied by the
International Fuel Trading Division.
Supplie r
Part ic ipat ion
Supplie r
Part ic ipat io
n
Valero Marketing 59,71%
Valero Marketing
76,98%
Atlantic Trading 18,63%
Trafigura Beheer
12,02%
Carib LPG Trading 7,29%
Vitol Inc
3,59%
Vitol Inc
4,55%
Atlantic Trading
1,53%
Citizens
4,05%
Gulf Coast Asphalt
1,21%
Glencore
2,08%
Glencore
0,92%
Asphaltos Trade 1,39%
Mercuria
0,84%
Shell Western
0,85%
Carib LPG Trading 0,80%
Trafigura
0,61%
Citizens
0,80%
Sargeant Marine Inc 0,50%
Sargeant Marine Inc 0,73%
Other
0,34%
Other
0,58%
Total
100,00%
Total
100,00%
2013
2014