30-July-2022
A webinar on “Basic Refining Economics and Relevance of Planning” was organized exclusively for FIPI Student Chapters on 30th July 2022. It was attended by 56 participants from FIPI Chapters at various institutes/Universities in India. The Session was taken by Mr Sachin Singh, Senior Principal Consultant with Aspen Technology.
The program was commenced with the Address by Shri Gurmeet Singh, Director General FIPI. He apprised the participants about the various new initiatives approved by FIPI’s Governing Council which are being implemented for the benefit of the student fraternity.
Shri D L N Sastri, Director (Oil, Refining & Marketing) addressed the participants as well and informed about planned webinar series for FIPI Student Chapters, which will be addressed by industry experts on the relevant topics to Indian oil & Gas industry. He thanked AspenTech for agreeing to take the 1st webinar in the series.
The Speaker, Mr Sachin Singh, Senior Principal Consultant at Aspen Technology, made the presentation on the topic and touched upon various areas viz. planning & optimization : Challenges and Opportunities; Selection of Crude Oils; Distillation; Process Unit; forecasting Supply & Demand and also shared the Aspen Tech Journey to Self-Optimizing Plant, Aspen Hybrid Models, Sustainability-Carbon Capture Models in Aspen Plus & Aspen HYSYS, Biomass & Hydrogen Processing Models, Carbon Emissions Optimization Model for Planning etc.
The webinar ended with a vote of thanks to the speaker and the participants.