SLIDE 1
Overview
- Supplying the West Coast with North American Petroleum
- Partnership of Tesoro and Savage
- Safety and Environmental Stewardship
- Tesoro Savage Petroleum Terminal
- Benefit to Local Economy
1
Port of Vancouver USA Petroleum by Rail Terminal June 27, 2013 - - PowerPoint PPT Presentation
Port of Vancouver USA Petroleum by Rail Terminal June 27, 2013 - - PowerPoint PPT Presentation
Port of Vancouver USA Petroleum by Rail Terminal June 27, 2013 Overview Supplying the West Coast with North American Petroleum Partnership of Tesoro and Savage Safety and Environmental Stewardship Tesoro Savage Petroleum Terminal
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SLIDE 3
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Increasing Dependence on Foreign Supply
Foreign Sources
- Saudi Arabia 27%
- Ecuador 19%
- Iraq 18%
- Colombia 12%
- Angola 5%
- Others 19%
Source: State of California Energy Commission and U.S. EIA 2012 Data
Petroleum Supply Sources to California Refineries Year Millions of Barrels
California Alaska Foreign
SLIDE 4
West Coast Light Imports
Source: PIRA and Tesoro Forecast 3
Domestic shale oil production can displace 400-500K barrels per day of current light crude oil imports
Thousand Barrels per Day
100 200 300 400 500 600
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Light Crude Oil
CANADA RUSSIA Others IRAQ VIETNAM SAUDI ARABIA
Light Crude Oil – PADD 5 Imports by Country of Origin
SLIDE 5
- Alaska North Slope production
continues to decline
- U.S. shale oil production
continues to increase -- projected to be over 4 million barrels per day by 2020
- Shale oil provides both price
and quality advantages versus current sources of supply
- U.S. West Coast has favorable
transportation economics versus alternative destinations
0.0 1.0 2.0 3.0 4.0 5.0 6.0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
U.S. Shale Oil Outlook
Bakken Eagle Ford Niobrara Permian Other
million barrels per day
Market Environment
Source: PIRA, Tesoro Forecast, and U.S. EIA 4
SLIDE 6
5
500 1000 1500 Thousand Barrels per Day
Domestic Production Increasing
North Dakota Oil Production
Source: NDIC and BENTEK Energy
SLIDE 7
6
Rail and Marine Connection to California
SLIDE 8
US Jobs Safely Fueling America
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SLIDE 9
Partnership of Tesoro and Savage
- Combine operational and safety strengths of each
– Savage: Rail unloading and storage tanks – Tesoro: Dock and vessel loading, marine operations
- Facility Overview
– North American Petroleum – 2 to 4 unit trains per day (120 to 360K barrels per day) – Storage tanks load into Handymax-class vessels
- Market
– 19 refineries on the West Coast (CA, WA, BC, and AK) – Tesoro will provide baseload volume subscription, supplying its 5 West Coast refineries
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SLIDE 10
Savage Spotlight
- America’s Safest Companies
- S7 Delivery System
- 2012 Terminal of the Year
- United Way of Salt Lake
Corporate Partner of the Year
9
SLIDE 11
10 Source: Association of American Railroads
SLIDE 12
11 Source: Association of American Railroads
SLIDE 13
Tesoro Spotlight
- Community
- Safety, Reliability,
and Environment
- Cost Leadership in
- ur Markets
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SLIDE 14
Tesoro Marine Operations Team
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SLIDE 15
Tesoro Marine Operations
14
- Vetting
- Tankers
- Tanker Operators
- Marine Services
- Agents
- Pilots
- Tugs
SLIDE 16
Tesoro Marine Operations (continued)
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- Wharf Management
‒ Marine Superintendents ‒ TPIC (Terminal Person in Charge) ‒ USCG Operations Manual
- Green Flag / Green Ship
- 50 Miles Offshore
‒ Marine Sanctuaries ‒ Santa Barbara Channel ‒ Straits of Magellan
SLIDE 17
Tesoro Response Equipment
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- NOFI Harbor Buster Oil Containment
Boom effective in currents up to 5
- knots. Can contain up to 95 barrels of
- il in the separator bag.
- The skimmer is an Oleophillic C-DISC
13/30. It is made of 13 coated discs that are 30 inches in diameter. This skimmer has a rated capacity of 197 barrels of oil per hour.
- State of the art oil spill recovery
equipment that can be used by vessels
- f opportunities, such as fishing boats
and commercial harbor craft.
SLIDE 18
Alaskan Cook Inlet
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SLIDE 19
San Francisco Bay
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SLIDE 20
Hawaiian Islands
19
SLIDE 21
Port of Vancouver USA – Premier Gateway
20 Images Courtesy of Port of Vancouver USA
SLIDE 22
Historic Industrial Use of the Terminal Site
21 Images Courtesy of Port of Vancouver USA
SLIDE 23
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Storage Tanks Marine Loading
Terminal Layout and Design
SLIDE 24
Local Jobs for Vancouver, WA
- Construction
- Initial Operation
- Full Build Out
23 Image Courtesy of Port of Vancouver USA
SLIDE 25
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Terminal and Construction Key Milestones
SLIDE 26