Bp Oil Espana Sa

BP Oil Espana S.A. derives its revenues from the import, refinement and distribution of crude oil, and the sale of oil products. Its principal sources of processed crude oil stem from the following countries: Nigeria, Russia/C.I.S., Syria, Mexico, Iran, Egypt and Cameroon. Subsidiaries of BP Oil Espana include: Petromed International, BPMED Distribution, Markoil, Compania Ibeco de Servicios, Distribuidora Soler y Mora and Mozo y Aragon SL. BP's sales are structured according to two distinct areas: direct sales and sales achieved through a network of official distributors. Sale of petroleum products accounted for 96% of 1996 revenues and crude oil and other, 4%.