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Introduction
Every process plant in the world takes in bulk raw materials and fuel from tanker ships, railroad cars, tanker trucks, or pipelines. Refineries, chemical plants, pharmaceutical companies, and a host of other industries, have to measure raw materials and finished products accurately, because they pay for what comes in and get paid for what goes out.
Transportation companies—the ones who own the tankers, railroad cars, or pipelines—also get paid for the amount of materials they move. Companies that push oil or gas through pipelines, for example, may operate on slim margins, so they want to know exactly how much of the oil or gas transported is involved. In addition, greenhouse gas emissions and CO2 trading are emerging applications, where accurate Flow Measurement is needed.
Whether it is oil, gas, or chemicals, a tiny error in the flow measurement of materials being transferred can cost a company millions of dollars in one year.
Custody Transfer takes place any time fluids are passed from the possession of one party to another (e.g., from producer to pipeline, pipeline to plant, or pipeline to storage facility). Custody Transfer (or Fiscal Metering) refers to metering, that is a point of a commercial transaction, such as when a change in ownership of fluids takes place.
Hence, Custody Transfer defines the point at which ownership changes hands for the product being measured.
The custody transfer system must generate detailed and indisputable cargo reports, based on accurate flow measurements and calculations.
What makes custody transfer unique among flow-meter applications is that money changes hands and that accuracy requirements are higher than they are for most other applications. Hence, Custody transfer systems are more than just flow-meters and they represent a combination of highly engineered flow measurement systems for the intended application.
Custody transfer metering requires exceptional accuracy, repeatability, and auditable values. For instance, liquid custody transfer meters used to measure refined hydrocarbons have accuracy of ±0.125% or better, and repeatability in the range of ±0.02%.
Objectives
Content
Day 1 – Basic Fluid and Gas Laws
Day 2 – General Characteristics and Performance of Flow-Meters
Day 3 – Types and Applications of Flow-Meters
Differential Pressure (DP) Flow Meters
Positive Displacement (PD) Flow Meters
Turbine Flow Meters
Day 4 – Types and Applications of Flow-Meters
Ultrasonic Flow Meters
Magnetic Flow Meters
Coriolis Flow Meters
Day 5 – Flow Measurement systems and other considerations
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