POT Presents Optimization Model for Oil Terminal Logistics
08.18.2022 By Ella Keskin - NEWS

August 18, 2022 [ Portnews ] – The model is implemented in the port of Saint-Petersburg.

 

The key challenge of an oil terminal is coordination of the cargo inflow/outflow. The problem can be addressed by an applied scientific method developed by Vladimir Petrenko, software architect of Petersburg Oil Terminal (POT).

The article begins with the description of an ideal operation procedure at the terminal: a tanker moors and its loading begins immediately from railway tank cars already delivered to the terminal. Then the ship leaves for the next voyage while the train with empty railway tank cars leaves for the refinery.

In reality, this kind of synchronization is extremely hard to achieve. To ensure uninterrupted operation, terminals use their in-house tank farms. However, they are not always able to solve the problems: there can be too many trains arriving at the terminal simultaneously with lack of spare capacity in the tanks. Vice versa: there can be a ship ready for loading with insufficient amount of oil products available and it should be economically reasonable to wait for supplies.

To avoid or minimize risks of such situations it is necessary to optimize logistics through application of combined methods based on a mathematical model, particularly through adjustment of the train schedule.

 


Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

TC Energy Completes Spinoff of Liquids Pipeline Firm South Bow
10.04.2024 - NEWS
October 04, 2024 [Rigzone]- TC Energy Corporation has completed the spinoff of its Liquids Pipeli... Read More
The Benefits of API 650 Standards in Ensuring Tank Integrity and Safety
10.04.2024 - NEWS
October 04, 2024 [Big News Network]- In industries dealing with hazardous substances, the integri... Read More
Warren Buffett is Buying This Magnificent Oil Stock
10.04.2024 - NEWS
October 04, 2024 [Nasdaq]- Warren Buffett finally did it. After making a monster investment in A... Read More
China’s Cracker Expansion to Drive LPG Storage Growth
10.04.2024 - NEWS
October 04, 2024 [Argus Media]- China’s LPG storage capacity is expected to expand again in... Read More