SCOPE FOR DATA ENABLED INFRASTRUCTURE IN PETROCHEMICAL INDUSTRIES: A SOLUTION TO MIDSTREAM OPERATING CHALLENGES
Journal: International Journal of Mechanical Engineering and Technology(IJMET) (Vol.9, No. 6)Publication Date: 2018-12-28
Authors : J. PRADEEP KUMAR V.S. LAKSHMI RAVURI B.SARITHA JAYANNA KANCHIKERE T. SREENIVASULU; G. BABU RAO;
Page : 490-495
Keywords : Petrochemical industry challenges; midstream operations; midstream challenges; data-enabled infrastructure; big data in petrochemicals.;
Abstract
A typical petrochemical industry has three components: upstream, midstream, and downstream. Among the three, midstream operations are quite lagging, and they face severe challenges. In this paper, midstream operations and challenges in petrochemical industries were highlighted. A study was carried out on identifying solutions for the midstream operating challenges with the adoption of data enabled infrastructure. Opinions were expressed on the implication of data-driven services for enhancing the midstream operations and thereby allowing the petrochemical industries to have stable financial flow and productivity.
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