Journal of Geoscience, Engineering, Environment, and Technology
Vol. 2 No. 2 (2017): JGEET Vol 02 No 02 : June (2017)

Analysis of Petroleum Downstream Industry Potential in Riau Province

Tomi Erfando (Petroleum Engineering Department, Universitas Islam Riau)
Ira Herawati (Petroleum Engineering Department, Universitas Islam Riau)



Article Info

Publish Date
01 Jun 2017

Abstract

Petroleum downstream industry in Riau Province is still not optimal. The data shows that from 98,892,755 barrels lifting oil each year only 62,050,000 barrels could be processed in refinery unit II Dumai operated by PT Pertamina. There is a potential of 35-40% of downstream industry. Indonesian Government through The Ministry of Energy and Mineral Resources declared the construction of a mini refinery to boost oil processing output in the downstream sector. A feasibility study of development plan mini refinery is needed. The study includes production capacity analysis, product analysis, development & operational refinery analysis and economic analysis. The results obtained by the mini refinery capacity is planned to process crude oil 6000 BOPD with the products produced are gasoline, kerosene, diesel and oil. Investment cost consist of is capital cost US $ 104419784 and operating cost US $ 13766734 each year with net profit earned US $ 12330063/year and rate of return from investment 11.63%

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Journal Info

Abbrev

JGEET

Publisher

Subject

Earth & Planetary Sciences Engineering Environmental Science Physics

Description

JGEET (Journal of Geoscience, Engineering, Environment and Technology) published the original research papers or reviews about the earth and planetary science, engineering, environment, and development of Technology related to geoscience. The objective of this journal is to disseminate the results ...