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International Business House

Refining Economics - Refining, Blending and Products Quality

International Business House
Emagister-Preis

3.010 € 2.709 
*Orientierungspreis
Originalpreis in GBP:
£ 2.700  £ 2.430

Wichtige informationen

Tipologie Kurs
Dauer 4 Days
Beginn nach Wahl
  • Kurs
  • Dauer:
    4 Days
  • Beginn:
    nach Wahl
Beschreibung

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.

Wichtige informationen

Preis für Emagister-Nutzer: Register before 1 august and get 10% discount

Einrichtungen (1)
Wo und wann
Beginn Lage
nach Wahl
Beginn nach Wahl
Lage

Was lernen Sie in diesem Kurs?

Oil and Gas
Oil and Gas Engineering

Themenkreis

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.

PROGRAMME:

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

Cracking
Conversion

  • Planning Process

Long/Short Range
Strategic/Investment
Forecasting
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