Optimize design for heavy crude
H.R. Siewert, A. Koenig, Terry A. Ring
Abstract
H.R. Siewert, A. Koenig, Terry A. Ring
Abstract
Addition of atmospheric residuum hydrotreating with fluid catalytic cracking or delayed coking appear to be most attractive for converting a typical light crude refinery to heavy crude operation. Examination of seven alternative approaches for accomplishing this conversion shows a range in economic results that illustrate the general conclusions but require specific examination for each refinery to determine its optimum choice. During 1978-1982, many refiners initiated projects to permit processing lower quality heavier crudes with the capability for converting residuum to transportation fuel products. A substantial price differential between light and heavy crude and a low residual fuel oil value provided a twofold incentive for these projects. Recently, crude price differentials have shrunk, and high-sulfur residual fuel oil values have risen almost to crude prices. Some analysts believe that this is a temporary market situation and that incentives will be restored within five years as heavy crudes become more available and outlets for high-sulfur fuel oil become more limited. Various processing schemes are possible for use in converting a typical light crude refinery. Several of these are considered in a screening evaluation.
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Addition of atmospheric residuum hydrotreating with fluid catalytic cracking or delayed coking appear to be most attractive for converting a typical light crude refinery to heavy crude operation. Examination of seven alternative approaches for accomplishing this conversion shows a range in economic results that illustrate the general conclusions but require specific examination for each refinery to determine its optimum choice. During 1978-1982, many refiners initiated projects to permit processing lower quality heavier crudes with the capability for converting residuum to transportation fuel products. A substantial price differential between light and heavy crude and a low residual fuel oil value provided a twofold incentive for these projects. Recently, crude price differentials have shrunk, and high-sulfur residual fuel oil values have risen almost to crude prices. Some analysts believe that this is a temporary market situation and that incentives will be restored within five years as heavy crudes become more available and outlets for high-sulfur fuel oil become more limited. Various processing schemes are possible for use in converting a typical light crude refinery. Several of these are considered in a screening evaluation.
Key concepts: Refinery, Residuum, Refining (metallurgy), Synthetic crude, Crude oil, Fuel oil, Oil refinery, Petroleum