These contracts are with high credit quality counterparties including roughly 63% of 2022 revenue coming from investment grade rated entities and approximately 13% coming from large private or international (not rated) customers. This provides good visibility into a portion of future expected cash flows. Additionally, roughly another third of forecast EBITDA is expected to come from fixed-fee volume exposed arrangements where NuStar has structural exclusivity. The company operates the only pipelines that carry crude oil into, and refined products out of, a number of Valero refineries. The advantaged location and high capacity utilization of these refineries offer more certainty to expected NuStar volumes, compared to other fixed-fee fully volume exposed arrangements (i.e. acreage dedications).