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Equilon/Motiva

Equiva Trading. Shell Oil Products, TTTI, TRMI, Star, Pectin. Equilon/Motiva. Market Analysis: near term trading strategy Deal Economics: projected deal economics not robust; not done on a deal by deal basis; no hindsight analysis

nicholas-schneider
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Equilon/Motiva

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  1. Equiva Trading Shell Oil Products, TTTI, TRMI, Star, Pectin Equilon/Motiva Market Analysis: near term trading strategy Deal Economics: projected deal economics not robust; not done on a deal by deal basis; no hindsight analysis Paper Trading: for program and TPT Physical Trading: for program and TPT, includes NGLs, chem/gas may come later Schedule Moves: plan for moves (PL nominations, etc.) Actualize Moves: vessels only Inventories: monitor inventories at distribution terminals, manage crude/feedstock inventories outside the refinery gate Contracts: administer; GT&Cs maintained where? Risk Management: by business organization, consolidated by Equiva; Equiva will provide VAR service but not in place today Credit Management: handled by Equiva Accounting: cost center for program trading, profit center for TPT measurement for service charges (division will be difficult) settlement for third party trades by counter-party (sales/purchases) compliance by Jim Seng’s group HR: for Equiva Trading IT: for Equiva Trading Refinery Coord: traders (options), schedulers (planning) work w/ea refinery (11: 6 Equilon, 4 Motiva, 1 DPJV) Marketing Coord: Equilon Dick Boderrick Motiva Eric Batchhelder Scheduling: PL optimization Actualize PL moves (Equilon) Inventories: set inv. levels (mktg), manage crude/feedstock in the refinery gate Acct’g: for Trans (PL and distribution) IT: for Trans (PL and distribution) Texaco jet not in alliance, considered to be int’l SEPCo Keith Causeman AERA - Shell./Mobil JV in CA ALTURA - Shell/Amaco JV in Wtexas Shelf/deep water GOM Lease Coord: royalty and ‘set aside’ issue; key issue is handoff Equiva Services TEPI Long term price forecasts (BA&R) Legal Reviews: need list of GT&C’s; no clear process for managing these Ref’g Group: Trade natptha, gas, electricity Reg Compliance: Meet PL specs, RFG/RVP Ron Lawrence PEMEX Deerpark Refining JV Organization Unknown: Price Services Service Agmt Mgmt Stasco Shell Int’l/Domestic Trading Tejas Shell Propane Sales;NGL sched Shell Srvcs Helpdesk (going to Equiva) SAP implementation TOTS Texaco Int’l Trading Shell Chemicals, Ref’g, Olephins, Feedstocks SVJ 10/1/98 6:34 PM R:\Deal Flow\Bus. Model\OrgDivision

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