Trading Terms for a 30kW Folding Container for Oil Refineries

4 FAQs about [Trading Terms for a 30kW Folding Container for Oil Refineries]

What are the terminologies used in oil and gas trading?

The terminologies are used in oil and gas trading business between buyer and seller’s companies. Sometimes, the Tank Farm, storage parties such as refinery, end buyers, seller-side and buyer-side agents. ATV : Authorization to Verify Barrel It is a unit of volume measurement used for petroleum and its products.

What are oil and gas industry terms?

Using our oil and gas glossary dictionary, learn the definitions of industry terms such as acidizing, blowout preventer, hydraulic fracturing, tie-ins, and many more. This is not meant to be an exhaustive glossary, but contains many of the words used in the industry and on this website and is provided for your convenience.

What is a refinery gas?

Refinery Gas/Still Gas (not liquefied) Includes a mixture of non-condensable gases mainly consisting of hydrogen, methane and ethane obtained during distillation of crude oil or conversion of oil products (e.g. cracking) in refineries. This also includes gases that are returned from the petrochemical industry. Refinery Yield

What is refinery yield?

Refinery Yield Refinery yield (expressed as a percentage) represents the percent of finished product produced from the input of crude oil and the net input of feedstock. It is calculated by dividing total net production of finished products by the sum of crude oil and net unfinished input.

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