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Material Accounting in Refinery Training

The objective of the program is to inform participants about material accounting practices, calculations of material loss or gain, and the importance of material accounting in the refinery complex. It aims to explain fuel and loss calculations and their importance, as well as the various reports generated by the Oil Accounting department and how they help management make decisions. The questionnaire assesses participants' understanding of key concepts related to hydrocarbon accounting, including modes of product dispatch, fuel and loss calculations, important reports, and the basic functions of the Oil Accounting department.

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51 views2 pages

Material Accounting in Refinery Training

The objective of the program is to inform participants about material accounting practices, calculations of material loss or gain, and the importance of material accounting in the refinery complex. It aims to explain fuel and loss calculations and their importance, as well as the various reports generated by the Oil Accounting department and how they help management make decisions. The questionnaire assesses participants' understanding of key concepts related to hydrocarbon accounting, including modes of product dispatch, fuel and loss calculations, important reports, and the basic functions of the Oil Accounting department.

Uploaded by

bikas_saha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd

OBJECTIVE OF THE PROGRAM

Sr. No.
1 To inform the participants about material accounting practice carried out in our Refinery Complex.

2 To inform the participants about calculation of material loss or gain in our Refinery Complex.

3 To inform the participants the importance of material accounting and bring awareness of the same.

4 To inform the particiapnts about fuel & loss calculation and bring awareness ofimportance of F & L
and complex GRM.

5 To inform the particiapants about various reports generated by Oil Accounting department.

6 To give the brief idea of importance of various reports generated by Oil Accounting department and how
it helps the management to make decisions.
HYDROCARBON ACCOUNTING
VALIDATION QUESTIONNAIRE
( Please tick the right answer)
Name :
_______________________ (Time alloted = 10 minutes )

_______________________
Dept.:

EC
_______________________
No.

Q1 What are the different modes of despatch of our products ?


1 Rail, Road, Sea & Pipeline
2 Rail, Road, Sea & Air
3 Rail & Road

Q2 What is the cut-off time of preparing M Forms ?


1 12:00 Hrs.
2 18:00 Hrs.
3 06:00 Hrs.

Q3 If ATG reading shows less than actual stock what is the effect on F & L ?
1 F & L will become less
2 F & L will become more
3 No effect on F & L

Q4 Which report gives unit wise performance ?


1 Unitwise GRM
2 GRM report
3 Material Balance Report

Q5 What is the norm for unaccounted percent F & L ?


1 0.10%
2 0.25%
3 0.20%

Q6 What is the formula for deriving Production ?


1 Production = Cl. Stock - Sales + Opening Stock.
2 Production = Op. Stock + Receipt - Cl. Stock.
3 Production = Cl. Stock + Sales - Opening Stock.

Q7 Fuel & Loss is calculated in what terms ?


1 As % of crude processed
2 As % of products produced
3 As % of plant utilized

Q8 What is the basic fuction of " Oil Accouting Department"


1 To account for all kind of oil for correct billing.
2 To account for crude consumed.
3 To acount for total material in the site and loss incurred therein on daily basis.

Q9 What are the major inputs to our Refinery ?


1 Crude, methanol, Naphtha & LSWR
2 Crude, methanol & Naphtha
3 Crude & Naphtha

Q10 If there is measurement inaccuracy in inter-unit transfer , is there any effect on F & L ?
1 Yes
2 No
3 Any of the above two.

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