Page 28 - AIF - English

NARRATIVE DESCRIPTION OF SUNCOR’S BUSINESSES

2013
2012

thousands % operating
thousands % operating
Sales Volumes of m3/d revenues of m3/d
revenues

Gasoline (includes motor and aviation gasoline)
.......................................................................................................................................................................................................................................................
Eastern North America 18.4 19.8
.......................................................................................................................................................................................................................................................
Western North America 20.9 20.4

39.3 46 40.2 47

Distillates (includes diesel and heating oils, and aviation jet
fuels)
.......................................................................................................................................................................................................................................................
Eastern North America 14.2 12.0
.......................................................................................................................................................................................................................................................
Western North America 19.2 19.0

33.4 40 31.0 39

Other (includes heavy fuel oil, asphalts, lubricants,
petrochemicals, other)
.......................................................................................................................................................................................................................................................
Eastern North America 9.1 9.8
.......................................................................................................................................................................................................................................................
Western North America 4.5 4.6

13.6 14
14.4 14

86.3
85.6

Sales volumes for specific products are moderately The Energy Trading business supports the company’s Oil

impacted by seasonal cycles: gasoline sales are typically Sands production by optimizing price realizations,
higher during the summer driving season; heating oil sales managing inventory levels during unplanned outages at

are typically higher during the winter season; diesel sales Suncor’s facilities and managing the impacts of external
are typically higher during the drilling season at the market factors, such as pipeline disruptions or outages at

beginning of the year in Western Canada, and during refining customers. The Energy Trading business has
agricultural planting and harvest seasons in early spring entered into arrangements for other midstream

and late summer, respectively; and asphalt sales are infrastructure, such as pipeline, storage capacity and rail
typically higher during the construction paving period. access, to optimize delivery of existing and future growth

Suncor has the flexibility to modify refinery inputs and production, while generating trading earnings on select
outputs to match production yields with anticipated strategies and opportunities.

product demands.
In the fourth quarter of 2013, following the completion of

Sales volumes can also be impacted when refineries a rail offloading facility in Montreal, the Energy Trading
undergo planned maintenance events, which reduce business commenced rail shipments of non-proprietary

production. Suncor is able to partially mitigate this impact crude to the Montreal refinery. This enabled the Montreal
through its integrated facilities: the Edmonton refinery and refinery to take advantage of the price differentials

Oil Sands Base upgrading facilities, and the Sarnia and between inland and global crudes. A second rail offloading
Montreal refineries. In addition, Suncor may purchase facility is planned for Tracy, Que´bec. It is envisioned that

refined products from third-party suppliers.
this will enable access to eastern tide waters for Oil Sands
product and could commence as early as the second

Other Suncor Businesses
quarter of 2014.

Energy Trading
Suncor’s Energy Trading business is organized around five Renewable Energy
Since 2006, Suncor has invested in Canada’s emerging
main commodity groups – crude oil, natural gas, sulphur,
petroleum coke and electricity. Energy Trading provides biofuels industry. Suncor operates Canada’s largest ethanol
facility, the St. Clair Ethanol plant in the Sarnia-Lambton
commodity supply, transportation and pricing solutions.
Our customers include mid-to large-sized commercial and region of Ontario. The ethanol plant has a production
capacity of 400 million litres per year. In 2013, the plant
industrial consumers, utility companies and energy
producers.
produced 415.0 million litres of ethanol (2012 –
412.5 million litres).

26 SUNCOR ENERGY INC. ANNUAL INFORMATION FORM 2014