OEA47P-The Economics of an Oil Movement and Storage System

Description

During refinery operations, the prime challenges concerning oil movement are performing an efficient periodic reconciliation of oil movements, managing an enormous data set, and enter it manually. In addition, it requires measuring each unit-wise loss, considering other losses due to errors, excluding property giveaways in product blending, comparing the anticipated data with the actual output, etc. Therefore, this topic discusses oil movement management/control/monitoring, efficient management of refinery equipment, typical numbers of OM&S elements, in-plant material movement activities, distribution of daily OM&S activities, aspects of tank farm automation, operational problems and costs, control functions/modules, path selection methodology, sequence of operations, single-tank status, tank inventory, integrated OM&S control system, etc.