SRC-II Demonstration Project. Phase zero, task number 3: deliverable number 9. Volume 8. Market assessment: transportation fuels from SRC-II upgrading

Technical Report · Tue Jul 31 04:00:00 EDT 1979

DOI:https://doi.org/10.2172/5701157· OSTI ID:5701157

Converting SRC-II naphtha to gasoline could be accomplished at no net change in the value or cost of the SRC-II naphtha, because the added value that would result from upgrading to gasoline would be offset by the estimated cost of upgrading. Between 13,000 B/D and 22,000 B/D, including SRC-II butanes, of high octane (clear) gasoline blend stock could be produced by pretreating and reforming SRC-II naphtha. The production range would result from the boiling range of the naphtha feedstock to the conversion plant and from the coal feedstock to the SRC-II plant. The additional cost of upgrading is estimated to be about $5/B, depending on the above feedstock factors, but as mentioned above, this is offset by the higher value of the gasoline blend stock. The additional capital investment required is estimated to be about $74 million. The high clear (unleaded) octane of the SRC-II gasoline blend stock would result in greater yields of gasoline from crude petroleum, when blended at a petroleum refinery, because of a reduced refinery reformer severity requirement to meet the same gasoline pool octane requirement. The economics of this case and the others in this volume are based on conservative 1990 petroleum product value forecasts. These forecasts were made prior to recent oil price escalation and increasing emphasis by crude suppliers on marketing heavier crudes. The value of naphtha, in particular, has increased. This implies further evaluation of the economic potential for SRC-II naphtha would be more favorable, especially in the years beyond 1990 as petroleum becomes increasingly scarce and expensive.

• Research Organization: Pittsburgh and Midway Coal Mining Co., Denver, CO (USA)
• OSTI ID: 5701157
• Report Number(s): FE-3055-T1(Vol.8)
• Country of Publication: United States
• Language: English

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SRC-II PROCESS
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