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Delaware corporation, operates the refined petroleum product
terminals at issue. CITGO is the eighth largest crude oil
refiner in the United States, with ownership interests in four
United States gasoline and distillate refineries. CITGO’s
refined products include gasoline, diesel fuel, kerosene, and jet
fuel. CITGO is also a transporter and marketer of petroleum and
refined petroleum products.
As a gasoline marketer, CITGO’s operation is the fourth
largest in the United States and includes gasoline products such
as regular unleaded, premium unleaded, and various special
formulations of gasoline for particular markets with
environmental emission restrictions. CITGO sells its branded
gasoline through independently owned and operated branded
marketers and also sells unbranded gasoline to independent
distributors.
In order to move its refined fuel products from the
refineries to the ultimate consumer, CITGO maintains an extensive
distribution system of pipelines and terminals.3 Terminals
provide temporary storage for gasoline and other refined products
received from nearby refined product pipelines and/or waterways4
3CITGO Petroleum Corp. (CITGO) also uses this system to
distribute refined products on behalf of others in exchange for
transportation and storage fees.
4Barges transport refined products across waterways to the
terminals.
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Last modified: May 25, 2011