HOME Research Insight Americas & APAC : The Golden Opportunities for Oil& Gas Terminal Automation

Americas & APAC : The Golden Opportunities for Oil& Gas Terminal Automation

Americas region comprises the world’s leading economies like U.S. and Canada. The overall consumption of the oil and gas in this region is much higher than the remaining regions of the world. Industrialization, domestic demands, and power generation are the key factors for such a high demand. The need of automation at terminals in these economies is higher as the oil and gas refineries are spread across a large area. As a result, they are difficult to handle manually.

Asia Pacific (APAC) region, currently, holds the world’s third biggest market for oil and gas terminal automation, but it is expected that, by 2020, the APAC will overtake every region and can become the leading region in the oil and gas terminal automation sector. APAC holds the world’s fastest growing economies such as India and China; also, APAC comprises countries such as Japan, which is known for its technological advancements. Thus, with the help of all these factors, the APAC has the potential of securing the leading position in the terminal automation of the oil and gas sector in the coming years.

The oil and gas terminal automation system is present at the terminals from the last few decades; however, now, the terminals are not only the storage and distribution centers for all the business processes but also act as the “Strategic Centers”, as the crucial data is generated at these terminals. So, to monitor such a vital data, certain set of systems are being developed; these systems are nothing but the products of the oil and gas terminal automations, which include – DCS,SCADA, PLC, HMI, PSS, automatic tank gauging , blend controller, and security among others. Oil and gas terminal automation is a process in which the supervisory software modules are mounted in order to automate certain manual processes in a terminal.

Most often, the terminal automation systems are installed at the bulk loading terminals to control the human machine interface devices and to communicate with the field devices such as PLCs, and DCSs. The modern terminal automation systems control activities and processes, right from the vehicle entry into the terminal to the vehicle exit with a Bill of Lading (BOL). Thus, the complete ‘Stock to Dock’ approach can be studied with the help of the oil and gas terminal automation systems. In case of the pipelines, the amount of inventory passed from the pipeline can be traced by such automation. Various operational controls such as pressure measurement, safety, and composition management can be achieved with such terminal automation. Most terminals have the Automating Tank Gauging Systems (ATG) integrated along with the terminal automation systems, providing a system to compare and reconcile every data.

There are a few factors, which are driving the industry of Oil and Gas terminal automation. These factors are - growing concern about safety, security & accuracy at the terminal areas, upgradation of old terminals to automated terminals, increasing interest in advanced operational activities, and the need to integrate the entire terminal system. The industry players in this sector can tap these factors to frame a blueprint of their strategies. Value addition can be done by these companies by introducing advanced technologies.

Related Reports:

Oil and Gas Terminal Automation Market by Product (DCS, SCADA, PLC, HMI, Process Safety System, Automatic Tank Gauging, Blending Controls & Security), Transportation Mode (Truck & Pipeline) & Geography - Analysis & Forecast to 2014 - 2020

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