Traditional vs. Modular Crude Oil Refineries: Transforming the Energy Sector
Oil refining plays a crucial role in the energy sector, converting crude oil into usable products like gasoline and diesel. In recent years, modular crude oil refineries have emerged as contenders against traditional and conventional petroleum refineries . What are Modular Crude Oil Refineries? Modular refineries are prefabricated and assembled in modules, unlike traditional refineries built on-site from scratch. This modular approach significantly reduces construction time and costs. Some of the key differences between modular crude oil refineries and traditional and conventional petroleum refineries include: · Size: Modular refineries are smaller and often produce up to 30,000 barrels per day, compared to traditional refineries, which can process upwards of 100,000 barrels per day. · Cost: Modular units are cheaper to build and maintain, with lower initial investment and operational costs. · ...