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Refining Training

Module 5. Refining Training. Wrap-up. Wrap Up: Overall Course Objectives. During the course attendees should:. Become self sufficient in accessing refinery knowledge Understand the downstream supply chain Crude Transportation Focus on Refining Product Distribution

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Refining Training

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  1. Module 5 Refining Training Wrap-up

  2. Wrap Up: Overall Course Objectives During the course attendees should: • Become self sufficient in accessing refinery knowledge • Understand the downstream supply chain • Crude Transportation • Focus on Refining • Product Distribution • Discuss business drivers affecting refining – the industry • Recognize the importance of a global perspective • Review current events & alternative fuels and crude sources • Go into detail – inside the refinery/Texas City • Refinery processes that affect cogeneration • Identify key resources for more information

  3. Texas City: Global Crude Sources

  4. Business as usual? Driver: Consumption Forecast Will economic growth restore US fuels consumption?

  5. Unconventional Oil Western Hemisphere unconventional reserve base is enormous… Billion Barrels Extra-Heavy Unconventional Potential Conventional Proved

  6. Capacity reduction with Exxon cancellation X Qatar Projects Currently Dominate Growth is not without challenges… 1,200 • Industry projections suggest total GTL capacity could be ~ 1000 MBD by 2020 • Qatar could have two thirds of GTL capacity • Current worldwide GTL Capacity ~ 45 MBD • Growth rate assumes successful resolution of technical, logistical and commercial issues 900 Capacity (MBD) Total Worldwide Capacity 600 Total Qatar Capacity 300 0 Year Source: XOM GTL Outlook 2006

  7. Today’s Challenge Carbon Emissions Proposal in place to make refiners pay for GHG released when they process crude and the emissions from vehicle tailpipes and jet engines when their fuels are burned. 1990-2000’s Clean Air Legislation Focus on the Products At $20 per ton to emit CO2, NPRA estimates the industry would be forced to pony up $4.1 billion for facility emissions and another $63 billion for emissions by consumers. Regulation Trends US refining has faced increasing regulation for over 30 years... 1970- 80’s Clean Air Legislation Focus on the Plants NPRA, Chem Systems, NPC Report

  8. The Challenges Facing Refining A tight balancing act in the coming decades… Global climate change Energy supply security Minimize subsidies Economic competitiveness CERA Week 2007 Strategies for a High Stakes World

  9. The Challenges Facing Refining More new career dimensions… • “This (new) kind of energy independence actually requires interdependence with other nations. Both consumers and producers of energy. • Indeed, how we manage our relationships with other countries and other regions is a very essential ingredient to our own energy well-being.” • -Dan Yergin - Cambridge Energy Global climate change Energy supply security Minimize subsidies Economic competitiveness CERA Week 2007 Strategies for a High Stakes World

  10. Refining Training Thank You ! MartyStetzer@aol.com 713-419-6912

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