International Business House

      Refining Economics - Refining, Blending and Products Quality

      International Business House
      Prezzo Emagister

      2.985 € 2.686 
      *Prezzo Orientativo
      Importo originale in GBP:
      £ 2.700  £ 2.430

      Informazioni importanti

      Tipologia Corso
      Durata 4
      Inizio Scegli data
      • Corso
      • Durata:
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      After completing this course you will: Have a thorough understanding of the factors that contribute to the marginal value of blendstocks and feedstocks. Understand how streams should be distributed to ensure the optimum economic operation of an oil refinery within the many constraints that affect production. Understand crude oils and other raw materials. Have an overview of the key refinery processes, and critical product qualities and blending methodology. Know the meaning and extent of the economic information that can be obtained from an LP solution.
      Suitable for: The programme is designed for anyone who is concerned with better understanding refinery economics, and will be especially valuable to: Analysts working in a Supply environment or a refinery Planning department. Engineers involved in troubleshooting and technical service work who need an economic perspective of process unit operation. Personnel from product marketing companies. LP modellers. Service and consulting companies will also find the program very helpful and informative.

      Informazioni importanti

      Prezzo per gli utenti Emagister: Register before 1 august and get 10% discount

      Strutture (1)
      Dove e quando
      Inizio Luogo
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      Cosa impari in questo corso?

      Oil and Gas
      Oil and Gas Engineering


      Course review:

      The course aims to promote a better understanding of the key refinery business performance levers, and the techniques and tools used to optimise and improve business performance. It is intended for Supply and Refinery Business Analysts and Refinery technical support engineers with at least 1-2 years of refinery experience and some understanding of refinery operations and blending. Participants will improve their understanding of the principles of refinery optimisation, and how refinery raw materials, intermediate streams and products are produced, blended and valued.


      DAY I

      • Introduction and Objectives
      • Business Environment
      • Macro Economic Outlook
      • Historical Overview
      • Demand Prospects
      • Growth Outlook
      • Margin Implications
      • Product Specs. Outlook
      • Crude Oil
      • Quality Relationships
      • Assays
      • Cutting Tool Issues
      • Crude Evaluation
      • Refinery Configuration
      • Best Practices
      • Crude Evaluation Exercise
      • What is an LP
      • Introduction to Planning and Optimisation

      DAY II


      • Refinery Process Schemes
      • Products and Blending

      Blending review
      Critical Qualities
      Fuel Oil Blending
      Optimum Blend
      Cost of Correction


      • Value of Blend Correctors
      • Marginal Economics

      Stream Valuation
      Cost of Marginal Quality
      Value of Alternate Dispositions
      Valuation Exercise

      • Process Economics (CCR)

      Unit Economics
      Effect by Severity
      By-product Value

      DAY III

      • Refinery Configuration


      • Planning Process

      Long/Short Range
      Operations Planning
      Business Best Practices
      Monthly/Rolling Plans
      Target Setting

      • Using LP for a Real
      • Problem

      Overheads Fouling Exercise

      • Investment Planning

      NPV, IRR, DCF
      Risk Analysis

      DAY IV


      Technical visits:

      • Port of Rotterdam
      • Oil Terminal Vopak
      • Inspectorate Rotterdam Laboratory