Implementation of Complex High-Fidelity Terminal Simulation Models
10.12.2015 |Rene Reiter
oil & gas
The design and development of a new tank terminal, an extension to an existing tank terminal, or the optimization of a current facility is a large undertaking. The typical project has to deal with numerous design challenges and design trade-offs. Simulation is the only effective way to understand how the various terminal components (tanks, manifolds, transfer lines, pipelines, etc.) interact and how they are affected by controllable and non-controllable events.
At the AnyLogic Conference 2014, Allan Chegus, CEO, and Dumitru from Stream Systems, Ltd. demonstrated how simulation models can be used to increase throughput, improve operating efficiency, and reduce cost by avoiding unnecessary capital expenditures. Stream Systems, Stream Systems, is a full service multi-disciplinary consultancy specializing in Complex Simulations, Advanced Optimization and Predictive Analytics for OIL and GAS Industry.
You can view the PowerPoint presentation and recorded video from the 2014 Conference, which covers various analysis techniques and approaches are elaborated with a focus on practical application. Their “Oil Pipeline Network Development: Finding Bottlenecks and Choosing the Right Policies” case study demonstrates the use of tank terminal simulation models in solving real-life operational problems.