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Which refineries mostly need investments in carbon emission reduction?

Oil&Gas Materials 26 December 2019 12:34 (UTC +04:00)
Which refineries mostly need investments in carbon emission reduction?

BAKU, Azerbaijan, Dec. 26

By Leman Zeynalova – Trend:

Significant investment is required to implement carbon emission reduction technologies at refineries in the European Union (EU) countries, which alone emit 118 million tons of CO2 every year, Trend reports with reference of Russian LUKOIL.

“There is a direct correlation between the production of light petroleum products with high environmental parameters and the volume of carbon emissions. The more complex the refinery, the more conversion processes it runs and the more carbon it generates. Significant investment is required to implement carbon emission reduction technologies at refineries. In the EU member states, where they have environmental incentives for carbon emission reductions in place, the appeal of such investment is much higher than in other regions,” the company said in its report titled Major Trends in the Global Liquid Hydrocarbon Market to 2035.

As the company said, currently, there are a number of technological solutions that can significantly reduce CO2 emissions even at highly complex refineries. “The most promising solutions are carbon capture and utilization, the use of renewable energy for the production of hydrogen, the production of state-of-the-art biofuels and measures to improve energy efficiency.”

“Carbon emissions at refineries are mostly generated by processes that involve fuel burning. Carbon capture at refineries is a complex engineering challenge as the refineries generate numerous gas flows with different CO2 concentrations. The greatest potential for the use of carbon capture technologies lies in processes that make it possible to obtain a high-concentration CO2 flow, for example, hydrogen production in a methane reforming unit.”

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Follow the author on Twitter: @Lyaman_Zeyn

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