Are modular-mini refineries a good choice for oil producers?
Despite generally low return on investment, modular-mini refineries from simple diesel production units to more sophisticated refineries are increasingly becoming a choice of flexible and cost-effective supply for oil producers in remote regions, particularly in developing economies with reasonable to rich oil resources.
Are mini-refineries a viable supply option for crude producers in remote regions?
Despite the generally poor returns from petroleum refinery investment, modular mini-refineries, from simple diesel production units to more sophisticated cracking refineries are increasingly becoming a flexible and cost-effective supply option for crude producers in remote regions.
What is a modular mini refinery?
Modular mini refineries are best utilized in emerging economies and in remote locations where gasoline, diesel and fuel oil are needed. The local crude oil is normally your lowest cost feed stock because the transportation costs are minimized. Mini refineries with heavy crudes and low API gravity produce more fuel oil and less naphtha and diesel.
Should refineries be mobile?
Having a refinery that is mobile can save on capital costs as well as improve turnaround time. No new refineries will ever be build over 50,000 BPSD in the USA. However remote refineries in newly developed oil fields in the Balkan are a possibility.