Refining Basics AN INTRODUCTION TO PETROLEUM REFINING AND THE Update

Refining Basics AN INTRODUCTION TO PETROLEUM REFINING AND THE Update and other refining basics crude oil distillation how to get crude oil refinery process

Refining Basics AN INTRODUCTION TO PETROLEUM REFINING AND THE Update refining basics PETROLEUM REFINING AND THE PROD UCTION OF ULSG AND ULSD OCTOBER 24 2020 Page 2 2 PETROLEUM REFINING AT A GLANCE Petroleum refining is a unique and critical link in the petroleum supply chain from the wellhead to the pump The other links add value to petroleum mainly by moving and storing it e g lifting refining basics Basics of Refining and Optimization Valero Refining basics Refinery optimization Crude oil valuation and relative discounts 4 Agenda Crude oils are blends of hydrocarbon molecules Classified and priced by density sulfur content and acidity Density is commonly measured in API gravity relative density of crude BASICS OIL REFINING MVO BASICS OIL REFINING Gerrit van Duijn gerritvanduijn consultancy MVO course June 2020 1 2 Agenda Oils and fats sources Supply chains Refining or purification Degumming neutralisation Bleaching Deodorisation Process routes Oil modification Hydrogenation Fractionation Interesterification Basics of Refining and Optimization Valero Energy Corp Refining basics 3 Refinery optimization 4 Crude oil valuation and relative discounts 5 Crude Oil Characteristics Crude oils are blends of hydrocarbon molecules Classified and priced by density sulfur content and acidity Density is commonly measured in Basics of Refining and Optimization AIChE Basics of Refining and Optimization January 12 2020 2 Safe Harbor Statement Statements contained in this presentation that state the company s or management sexpectations or predictions of the future are forward looking statements intended to be covered by the safe harbor provisions of the

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