BP 2006 Annual Report Download - page 32

Download and view the complete annual report

Please find page 32 of the 2006 BP annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 228

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228

The following table summarizes the BP group’s interests in refineries and crude distillation capacities at 31 December 2006.
mb/d
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Crude distillation capacitiesa
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Group interestbBP
Refinery % Total share
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UK Coryton*c100.0% 172 172
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total UK 172 172
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rest of Europe
GermanydBayernoil 22.5% 272 61
Gelsenkirchen* 50.0% 268 134
Karlsruhe 12.0% 302 36
Lingen* 100.0% 91 91
Schwedt 18.8% 226 42
Netherlands Nerefco* 69.0% 400 276
Spain Castello
´n* 100.0% 110 110
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total Rest of Europe 1,669 750
USA
California Carson* 100.0% 265 265
Washington Cherry Point* 100.0% 232 232
Indiana Whiting* 100.0% 405 405
Ohio Toledo* 100.0% 155 155
Texas Texas City* 100.0% 475 475
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total USA 1,532 1,532
Rest of World
Australia Bulwer* 100.0% 101 101
Kwinana* 100.0% 137 137
New Zealand Whangerei 23.7% 101 24
Kenya Mombasa 17.1% 94 16
South Africa Durban 50.0% 182 91
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total Rest of World 615 369
Total 3,988 2,823
*Indicates refineries operated by BP.
aCrude distillation capacity is gross rated capacity, which is defined as the maximum achievable utilization of capacity (24-hour assessment) based on standard feed.
bBP share of equity, which is not necessarily the same as BP share of processing entitlements.
cBP has announced the sale of its Coryton refinery, subject to required regulatory approvals.
dBP’s share of the Reichstett refinery in Germany was sold in December 2006.
The following table outlines by region the volume of crude oil and feedstock processed by BP for its own account and for third parties. Corresponding
BP refinery capacity utilization data is summarized.
thousand barrels per day
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinery throughputsa2006 2005 2004
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UK 165 180 208
Rest of Europe 648 667 684
USA 1,110 1,255 1,373
Rest of World 275 297 342
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total 2,198 2,399 2,607
Refinery capacity utilization
Crude distillation capacity at 31 Decemberb2,823 2,832 2,823
Crude distillation capacity utilizationc76% 87% 93%
USA 70% 82% 95%
Europe 87% 90% 90%
Rest of World 78% 88% 87%
aRefinery throughputs reflect crude and other feedstock volumes.
bCrude distillation capacity is gross rated capacity, which is defined as the maximum achievable utilization of capacity (24-hour assessment) based on standard feed.
cCrude distillation capacity utilization is defined as the percentage utilization of capacity per calendar day over the year after making allowances for average annual shutdowns
at BP refineries (i.e. net rated capacity).
BP’s 2006 refinery throughput declined as a result of increased turnaround activity during the year. In the US, the year-on-year decline was as a result
of the full shutdown of the Texas City refinery in September 2005 and the subsequent maintenance programme that led to a partial and phased start-up
during 2006.
30