Simulation model determines optimal tank farm design

The Kuwait National Petroleum Co. (KNPC) recently hired Foster Wheeler USA Corp. to complete a detailed tankage and hydraulic study, which would assess the adequacy of existing tank farms at all three KNPC refineries through 2010 and develop a solution to the refineries' tank farm needs.To perform this detailed study, Foster Wheeler developed a custom tankage optimization model that incorporated refining linear programming (LP) and Monte Carlo simulation techniques.Based on the analysis KNPC selected a configuration that allows it to transfer finished products from one refinery directly to the loading port of another refinery without going through finished-product tankage first. KNPC ...

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