5883
Crude Blending at RIPI
Energy

Crude Blending at RIPI

The Research Institute of Petroleum Industry (RIPI) successfully carried out a crude blending process, Shana news agency reported Sunday. The process will allow producers to increase the efficiency of oil production, distribution and export and maximize the value of petrochemical products.
Oil blending is often undertaken to increase the price or processability of lower grade crude by blending it with a higher grade crude, a costlier type of oil.
The process allows the RIPI to modify different features of oil such as level of density and viscosity, percentage of brimstone, etc. and export the new crude based on demand for consumption or export.
Refining extra heavy oil is a complex process carried out at specialized refineries. To increase the value and usability of heavy crude, it needs to be blended with lighter oil or mixed gas condensate, and the blending technology will allow the RIPI to make use of less valuable petrochemicals.
Furthermore, when the sale or export of oil decreases, producers can blend their product with other types of crude to increase value.
Iran holds the world’s second biggest natural gas reserves after Russia, and the fourth-largest proved crude oil reserves.  

 

Short URL : http://goo.gl/eN65fq

You can also read ...

Output in Europe has dropped over the past few years.
China will exceed US nuclear power production soon due to...
OPEC is not outwardly worried by the rise in US output.
Oil slipped to $66 a barrel on Friday, under pressure from...
TAPI Pipeline to Pump Turkmen Natural Gas by 2020
A quartet aims to complete the 1,840-km (1,143-mile) pipeline...
GOGPC Oil Production Rises to 620,000 bpd
Gachsaran Oil and Gas Production Company, a subsidiary of the...
Not being paid for a long time may cause investors to lose their enthusiasm in potentially lucrative renewable plans.
A serious hurdle impeding renewable projects is non-allocation...
West Karun Oil Output to Reach 1.2 Million bpd
Collective oil output from the West Karun block, which is...

Trending

Googleplus