Categories > Finance & Accounting Category

 

Fundamentals of Petroleum Refinery Economics

 

 

 

Program Duration

:

5 Days

Program Date

:

17-21 March,2012

Program Location

:

Cairo, Egypt

Program Fees

:

US$ 3200/Per Person

 

 

PROGRAM INTRODUCTION:

 

This course will provide participants with an overview of economic terminology, fundamentals, and methodology used to determine profitability of ongoing operations as well as planning and selection of processes for future expansion/revamp. Included are discussions of process modeling, LP techniques and applications, refinery margins and crack spreads, financial terms and supply chain management. While the course is basic in nature.

 PROGRAM OUTLINES:

  • Refinery Economics Fundamentals

  • Crude Oil and Product Pricing

  • Process Unit Yields, Operating Correlations, Modeling, Simulators

  • Product Blending Issues

  • Supply Chain Management

  • Capital and Operating Costs

  • Refinery Complexity

  • Financial Terminology

  • LP Applications and Optimization

  • Examples of Refinery Economic Calculations

  • Operating Margin and Crack Spread