Condensate as feedstock in the oil refining-transportation sector

A model of the Queensland oil refining-transportation sector was used to evaluate the viability of an Australian Cooper Basin condensate as refinery feedstock. When priced as the cheapest feedstock in terms of 1979/80 crude prices, the condensate was selected with Arabian light crude in the optimal feed-slate, and its intake varied from 10–44%, depending on the constraints of lead level, octane rating, gasoline to distillate ratio and refining capacity. Incremental costs and capital investments were determined for situations involving increased distillate production and condensate usage. The optimal transport-fuel mix was predicted.