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Tank Intelligence - Rosemount TankRadar

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Metrological certificates<br />

Every drop counts<br />

<strong>Tank</strong> gauging readings for net volumes, which form the<br />

basis for inventory calculations and billing, must be exact<br />

because any deviation can lead to negative consequences.<br />

In recent years, the price of crude oil has quadrupled and<br />

it will probably continue upwards during the foreseeable<br />

future. The increased value of stored petroleum assets has<br />

made most refineries, pipelines and oil storage companies<br />

aware that precise and efficient tank gauging is business<br />

critical for all companies in the oil supply chain.<br />

USD/bbl<br />

100<br />

95<br />

90<br />

85<br />

80<br />

75<br />

70<br />

65<br />

60<br />

55<br />

50<br />

45<br />

40<br />

35<br />

30<br />

25<br />

20<br />

99 00 01 02 03 04 05 06 07 Year<br />

Price trend for crude oil. The higher the price of crude oil, the greater the<br />

value of the products in your tanks and return on investment for a highly<br />

accurate tank gauging system.<br />

International: OIML R85 (E)<br />

Algeria: ONML<br />

Austria: BEV<br />

Belarus: GOST Standard<br />

Belgium: BMS<br />

China: CMI<br />

Croatia: DZM<br />

Czech Republic: CMI (Czech)<br />

Estonia: TJI<br />

France: LNE<br />

Germany: PTB<br />

Hungary: OMH<br />

India: W & M<br />

Indonesia: MIGAS<br />

Italy: Metric Office<br />

Kazakhstan: GOST Standard<br />

Malaysia: Sirim<br />

Netherlands: NMi<br />

Poland: GUM<br />

Portugal: IPQ<br />

Romania: BRML<br />

Russia: GOST Standard<br />

Serbia/Montenegro: FBMPM<br />

Switzerland: METAS<br />

Thailand: Thai Excise and Customs<br />

Ukraine: GOST Standard<br />

In addition to the accuracy approvals listed<br />

above, many countries are presently<br />

in the process of defining custody transfer<br />

requirements.<br />

Precise tank<br />

gauging pays<br />

Inaccurate tank gauging<br />

costs money, since you<br />

could lose the value of any<br />

product volumes that cannot<br />

be verified. Improving<br />

the measurement accuracy<br />

in your tank gauging system<br />

reduces your uncertainty<br />

during both transfer control/verification and inventory<br />

management. At the same time, loss control is improved.<br />

Improved accuracy can give substantial savings. In a<br />

large storage tank equipped with a mediocre gauging system,<br />

the value of the uncertain volume (i.e. the oil volume<br />

within the gauge’s error margin) is so large that this alone<br />

justifies the investment in a high-class system such as the<br />

<strong>Rosemount</strong> <strong>Tank</strong> Gauging system.<br />

If you wish to calculate the potential savings using your<br />

own figures, please visit www.every-drop-counts.com<br />

Certified custody transfer-class accuracy<br />

<strong>Rosemount</strong> <strong>Tank</strong>Radar Rex is metrologically approved for<br />

custody transfer and legal custody transfer in virtually all<br />

countries that use automatic tank gauging for billing purposes.<br />

13

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