OEA53P-An Overview of Fuel Blending Economics

Description

Two variables make a refinery unique: capability and capacity. Fuel blending and its optimization provide more complexity but better capacity and capability to a refinery. This drive to increase efficiency is one of the most critical components in achieving a financially feasible refining process. This topic discusses refinery complexity, Nelson complexity factors, EDC and Nelson complexity index, a typical small refinery configuration with 10-25 KBD, world crude oil refining capacity, worldwide refining capacity distribution from oil to consumers, types of crude classifications, types of the refinery, intermediate refining processes, typical refinery configurations, etc.