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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