Bottomless refinery: Improve refinery economics
Integrating gasification process with residue upgrading can produce high-value multiproduct streams while decreasing total refinery emissions
Todays global refining environment is very
competitive, facing low margins and increasingly more stringent
environmental standards. Residual
fuel oil surpluses are emerging in places where there is a
rising demand for transportation fuels and a lack of deep
processing of the oil barrel. In addition, low-cost natural gas
is increasingly displacing fuel oil for power generation. The
recent MARPOL emissions regulations on bunker fuel will further
deteriorate the supply-demand balance over residual fuel oil
with negative implications for refining margins, particularly for
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