Supply of Products
Our retail and wholesale distribution business distributes diesel, jet fuel, avgas, gasoline, kerosene and fuel oil as well as branded commercial and industrial lubricants, such as engine and hydraulic oils. In general, all of the refined products sold pursuant to our wholesale and retail distribution business are purchased from our refinery. We import the commercial and industrial lubricants, avgas and fuel oil, which constitute a small percentage of our volumes.
We deliver refined products from our refinery to two tanker vessels we charter, which are operated by a separate corporate division. We do not own these vessels but rather lease them on a full time charter basis. We schedule all of our own movements and deliveries on our chartered vessels. Our inland depots are supplied by road tankers which are owned and operated by third party independent transport contractors.
Our terminal and depot network distributes refined petroleum products to retail service stations, aviation facilities and commercial customers. We supply retail service stations and commercial customers with petroleum products using trucks or, in the case of some commercial customers, coastal ships. We do not own any of these shipping or trucking distribution assets. We pass transportation costs through to our customers.