Report
The Relative Cost Factor: A Method of Comparing Petroleum Refinery Investment
Jan 1, 1987
A Methodology and Baseline for the Refining Industry
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This Note describes a method for comparing refinery project costs and attempts to establish an industry baseline against which investment costs for such projects can be compared. The parametric methods it describes can be used to obtain rough cost estimates in the absence of detailed descriptive information (e.g., project characteristics) and engineering designs. These estimates can then be used to assess whether a proposed project's costs will be competitive with the industry standard.
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