Improving energy efficiency in refineries
Abstract
Refineries across the world typically spend 50% of the cash operating costs on energy. Therefore, improving energy efficiency always plays an important role in reducing costs and enhancing competitiveness, especially in the context of market price fluctuations and unexpected factors of changes like natural disasters and epidemics.
In Europe, under pressure of oversupply, oil and gas firms have to undertake cost reduction remedies. In Vietnam, Dung Quat and Nghi Son refineries have certain advantages since their total production capacity only meets 70% of the domestic demand. In order to enhance domestic refineries’ competitiveness against imported products, minimising operation costs should be a very important mission. Minimum energy consumption in the refinery must be part of this long-term development strategy.
This article analyses the results of energy efficiency programmes implemented in two typical refineries in Germany (Bayernoil and PCK) and some experiences that can be applied to refineries in Vietnam.
References
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