Feasibility Study of Implementing Vapor Recovery Unit (VRU) To Control Evaporation in Fuel Storage Tanks

Ibnu Lukman Pratama1, & Nabila Andari1
1Politeknik Energi dan Mineral Akamigas, Cepu, Indonesia
DOI – http://doi.org/10.37502/IJSMR.2024.71005

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Abstract

The PT X Fuel Terminal stores, stocks, and distributes fuel before it is delivered to end users. Fuel evaporation happens when Pertamax fuel is stored in storage tanks with vacant space when the liquid level drops. Product shrinkage (losses) from working loss is a frequent issue at the PT X gasoline terminal and is manageable with a vapor recovery unit. The entire working loss was determined to be 0.15% of the Pertamax throughput using information on working loss and investment in Vapor Recovery Unit equipment. With the implementation of the Vapor Recovery Unit, Pertamax losses can be controlled by 95%. The calculation results show that the recovery of Pertamax losses increases from IDR 4,755,933,859 to IDR 12,713,598,714 annually. Furthermore, the annual cost of the Vapor Recovery Unit is IDR 1,348,832,832, with an investment of IDR 6,975,719,896.61. The economic feasibility of its implementation was evaluated through investment profitability, the results showed a positive net present value of IDR 25,255,745,786.25, an IRR of 57%, a PI of 4.62, and a payback period of 2 years, 5 months, and 15 days.

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