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.
What are Indonesian mini refineries?
Indonesian mini refineries are a key part of the country¡¯s strategy to double oil output by 2025. There is growing national demand and problems with aging local facilities that mean production levels are falling. Mini refineries offer a quick route to high-value products and can help meet the need for increase capacity quickly.
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 mini refinery?
A mini refinery is defined as a refinery that produces less than 5,000 barrels of oil a day ¨C however, this is a loosely agreed-upon definition. Mini refinery designs can vary, particularly if they are of a modular construction. Modular-mini refineries are intended to be easy-to-construct refineries that can be customised for consumer demands.
