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The journey to a value-adding refinery project

07.01.2014  |  Ozmen, S. M.,  Shell Global Solutions International, The Hague, The Netherlands

It is quite common for a project to become fully operational 4–5 years after its initial definition, during which time the prevailing market conditions are likely to have shifted.

Keywords:

Projects are a means of creating value from assets. The more thorough a project’s planning and management, the more successful it is likely to be. However, it is quite common for a project to become fully operational 4–5 years after its initial definition, during which time the prevailing market conditions are likely to have shifted. For many executives, this is a key concern: How can they ensure that their investment plans remain technically and economically robust in the new environment?

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