The Downstream segment conducts Total's refining, marketing, trading and shipping activities.

We are No. 1 in Western European refining and marketing* and No.1 in African marketing** with a worldwide refining capacity of approximately 2.7 million barrels of oil per day and selling approximately 3.8 million barrels of petroleum products per day in 2006. The Downstream business employs 34, 467 people. Our integrated refining base - we have interests in 27 refineries and directly operate 13 - is one of Europe’s most competitive and is fully compliant with the new European Union product specification standards.

Total operates a network of almost 17,000 service stations worldwide -mostly in Europe and Africa- mainly under TOTAL and Elf banners, of which approximately 50% are company-owned. Total is one of the leading marketers based on refining capacity and refined product sales across the combined six largest markets in Europe (France, Spain, Benelux, United Kingdom, Germany and Italy). Outside Europe, we are focusing on fast-growing markets such as Africa, where we are a major marketer with activities in more than 40 countries and a 11% market share, the Mediterranean basin and Asia where we have activities in 20 countries.

Refineries also contribute to producing a broad range of specialty products, such as lubricants, LPG, jet fuel, special fluids,  bitumens and petrochemical feedstock. Total is among the leading companies in the European specialty products market, notably for lubricants and bitumens and jet fuel. Worldwide, Total markets lubricants in 150 countries and distributes aviation fuel at 550 airports.

Total has continued to develop its international LPG (butane and propane) distribution activities and is the fourth largest international distributor ***. Total also plays an active part in the promotion of renewable energies and alternative fuels and has strengthened its research and testing programs for fuel cell technology and fuel reformulation.

We are one of the world's major traders of crude oil and refined products, with volumes totalling around 5 million barrels per day in 2006.

 
*. Company sources, Oil and Gas Journal of December 18, 2006
**. Company sources, PFC Energy, December 2006
*** Company sources, on the basis of volumes sold