What is oil and gas supply chain?
The oil and gas industry is involved in a global supply-chain that includes domestic and international transportation, ordering and inventory visibility and control, materials handling, import/export facilitation and information technology.
What are the main types of logistics?
Logistics can be split into five types by field: procurement logistics, production logistics, sales logistics, recovery logistics, and recycling logistics. Each of these is explained in detail, but first we should learn about logistics fields and types.
What are the five areas of logistics?
The five elements of logistics
- Storage, warehousing and materials handling.
- Packaging and unitisation.
- Information and control.
What is the gas supply chain?
The US natural gas supply chain consist of upstream, midstream, and downstream functions. Upstream includes drilling and production; midstream includes treatment and transportation; downstream includes industrial, residential and commercial uses.
What is SCM in natural gas?
1 SCM (Standard Cubic Meter) = 1 cubic metre @ 1 atmosphere pressure and 15.56 ° C. 1 Cubic Metre. = 35.31 Cubic feet. 1 BCM (Billion Cubic Metre) / Year of gas (consumption or production)
How does oil supply chain work?
Oil production includes drilling, extraction, and recovery of oil from underground. At multiple stages of the oil supply chain process, oil is transported to storage, refineries, terminals, and finally to the point of sale.
What is logistic cycle?
Logistics management cycle includes key activities such as product selection, quantification and procurement, inventory management, storage, and distribution. Other activities that help drive the logistics cycle and are also at the heart of logistics are organisation and staffing, budget, supervision, and evaluation.
What is LNG supply chain?
The LNG supply chain consists of the following processes: Extraction and processing of natural gas and processing of natural gas. Liquefaction. Transport by supertankers or special road trucks. Regasification (conversion back to gaseous form)
What is supply chain in oil industry?
Chima  “Supply chain management in a Petroleum industry is the configuration, coordination and continuous improvement of sequentially organized operations involved in upstream, midstream and downstream.”  So, the oil supply chain has three functional segments namely the Upstream, Midstream and Downstream (Fig.