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البحـث الأول

مجلة النفط والتعاون العربي

161

العدد

- 2017

أربعون

المجلد الثالث و ال

2016

أوابك العلمية لعام

ص لبحوث العلمية الفائزة بجائزة

عدد خا

83

73

region. There are 15 plats in Turkey based on distillation and clay

treatment but the product is destined for fuel

3

.

The capital cost of the plant was estimated at $53 million (2012),

operating cost at $23 million a year and revenue at $61 million a year

making the profit before tax at $38 million a year. As good as it is the

project did not attract investors yet.

-

In the United Kingdom, a study

1

was conducted in 2001 for the

Department of Environment, Food and Rural Affairs (DEFRA) to

compare alternatives for disposal of used oil. They compared two cases

for a 35 thousand tons a year re-refining plant, the first with a clay

treatment costing an average of 9.225 million pounds and the other with

hydrogen treatment costing an average of 16.8 million pounds. For a

targeted 15 to 25% rate of return to encourage investors they found that

the two schemes are money losers or they would need 4 and 5.5 pence

per litre in subsidies to break even.

Even when an existing site was considered the economics improved but

remained sceptical. In a scenario when the rate of return was reduced to

10%, the two schemes improved but remained border line and in any

case 10% rate of return is unlikely to encourage any investor.

Perhaps this is why until today no new re-refining plant is built in the

UK where the country burns its used oil and import additional quantities

for the same purpose.

-

In 1995 a study in Saudi Arabia was conducted in King Fahad

University and compared tow processes, Meineken and CEP-Mohawk

for 50 thousand tons a year re-refining plant

6, 1

. The capital cost was

estimated at $28.75 and $17.71 million for the two processes

respectively and the rate of return came to be 11.24 and 45.36%

respectively. However, this study is old and may need major revision.