• Title/Summary/Keyword: Oil supply

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The Meaning of the Oil Market Supply and Demand in three Northeast Asian Countries (동북아 3국의 석유수급 의미의 재검토 : 원유, 석유제품 생산과 수출입, 그리고 정제시설을 중심으로)

  • Ahn, II-Hwan;Doh, Hyun-Jae;Lee, Seung-Hoon;Sonn, Yang-Hoon;Kim, Suduk
    • Environmental and Resource Economics Review
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    • v.17 no.2
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    • pp.381-418
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    • 2008
  • This study revisits the meaning of energy security by examining the oil market supply and demand conditions of petroleum products and refinery capacity of three Northeast Asian countries(Korea, China, Japan). In 2006, 10.6 million bid of excess demand occurred and is expected to be 15~22 million bid by the year 2030 in this regional oil market. Different oil demand is caused mainly by the different demands for various petroleum products based on each country's economic structures. If the demands are ranked according to their petroleum products, Chinese case shows gasoil > gasoline > fuel oil> LPG > naphtha > Kero/jet and Japanese case shows gasoil > gasoline> naphtha> Kero/jet > fuel oil > LPG, while Korean case shows naphtha> gas oil > fuel oil > LPG > Kero/jet > gasoline, respectively. Total CDU(Crude Distillation Unit) capacity of three northeast asian countries also have been examined in this respect. This study points out the importance of the information on oil demand and supply, on petroleum products and refinery capacities of the three Northeast Asian countries to enhance the security of the oil market in this region.

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Oil-Air Lubrication Characteristics of a High Speed Spindle System for Machine Tools(I) Effect of Oil Supply Rate, Rotational Spindle Speed and Spindle System Structure (공작기계용 고속주축계의 오일에어윤활특성에 관한 연구 (I) 공급유량, 주축회전수 및 주축계 구조의 영향)

  • 김석일;최대봉;박경호
    • Transactions of the Korean Society of Mechanical Engineers
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    • v.17 no.2
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    • pp.351-358
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    • 1993
  • Recently a high speed spindle system for machine tools has attracted considerable attention to reduce the machining time, to improve the machining accuracy, to perform the machining of light metals and hard materials and to unite the cutting and grinding processes. In this study, a high speed spindle system is developed by applying the oil-air lubrication method, angular contact ball bearings, injection nozzles with dual orifices and so on. And a lubrication experiment for evaluating the performance of the spindle system is carried out. Especially, in order to establish the lubrication conditions related to the development of a high speed spindle system, the effects of oil supply rate, rotational spindle speed and so on are studied and discussed on the bearing temperature rise, bearing temperature distribution and frictional torque. And the effect of spindle system structure on the bearing temperature distribution is investigated.

The Effect of a Sealed Cover and POSS-type Cutting Oil on MQL Drilling (MQL드릴링 가공에서 밀폐커버와 타입 절삭유의 효과)

  • Park, Ki-Beom;Cho, Young-Tae;Chin, Dong-Soo;Jung, Yoon-Gyo
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.15 no.6
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    • pp.77-82
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    • 2016
  • When drilling through Inconel 601 nickel-chromium-based alloys, a large amount of cutting oil is required to prevent tools from wear and fracturing due to heat buildup resulting from the high temperature resistance and toughness of this alloy. However, cutting oil supply has become a factor compromising the machining environment, and this has caused attention to shift to a more environmentally friendly cutting fluid supply system called minimum quantity lubrication (MQL). Our aim in this study was to find a more efficient drill processing method using MQL, and to verify its performance. To that end, we proposed a sealed cover, a step feed, and POSS-type cutting oil as measures to increase the effectiveness of MQL in view of the cutting force and tool wear, and established an improvement in efficiency using the proposed measures.

An Analysis of the Distribution Structure and Logistics System of Light Petroleum Products (석유제품의 유통구조와 물류체계 분석 - 경질제품을 대상으로 -)

  • 이희연;최윤선
    • Journal of the Economic Geographical Society of Korea
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    • v.5 no.1
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    • pp.5-24
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    • 2002
  • The purpose of this study is to analyze the distribution structure and the logistics system of light petroleum products from the spatial perspectives. The consumption structure of petroleum products has been changed since the mid 1980s. The growth rate of consumption for light products has been much faster than those of heavy products. The distribution structure of the petroleum products is hierarchically established by refining companies, agencies, and gas stations. The petroleum products agencies are distributed unevenly over the country, and the number of gas stations per one petroleum agency are very differentiated by the region. The light products are directly transported from refining factories to oil storages and then are carried to gas stations. According to the locational characteristics, oil storages which play a key role in the logistics system are categorized into three type. The first type is demand-oriented oil storages which are located near or in the large cities to supply the light petroleum products. The second type is harbors-oriented oil storages which are located within harbors. The third type is railway-oriented oil storages which are located along railway stations. In this study, the thresholds of one oil storage and one gas station are calculated based on the size of supply territory for each oil storage. The average number of population demand that allow a oil storage to stay in business is 1.9 million and average number of cars are 477,200.

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A Study on the Development Strategy of Offshore Oil Resource in China (중국의 해외 석유자원 개발 전략에 관한 연구)

  • Lee, Choong-Bae;Noh, Jin-Ho
    • International Commerce and Information Review
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    • v.13 no.3
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    • pp.119-142
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    • 2011
  • Competitions for secure oil are intense around the world due to the limited oil reserves. The situations are becoming more serious as China has participated in the competition. This paper aims to investigate China's offshore oil development strategies to balance the supply and demand of oil and then suggest its policy implications. A surging increase of oil demand due to the rapid economic growth as well as the stagnation in domestic oil output has turned China into a net oil importer since 1993. Therefore, China has placed a significant priority on securing long-term stability of its offshore oil to cope with the rapid growing demand. It has taken a variety of strategies to secure stable oil resource such as development of offshore oil resource, increasing the number of oil importing countries. China with the highest foreign exchange reserve of approximately $3 trillion as of 2010, has considered to employ foreign exchange reserves while making a huge amount of investment to secure oil resource. China has pursued several policies such as loan to oil production country for securing oil, foreign direct investment on offshore oil development, M&A of oil exploration and production companies and geographical diversification of oil importing countries. China has promoted offensive strategies for securing oil resource rather than cooperation with other countries. Thus, China should find a trade-off point for recovering relationship with international society while developing and investing renewable energy for long-term future. It will also address some implications for Korea, which has to prepare new strategies of overseas oil development.

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Experimental Study on the Characteristics of the Pad Fluttering in a Tilting Pad Journal Bearing (틸팅패드 저어널베어링의 패드 Fluttering 특성에 관한 실험적 연구)

  • Yang, Seong-Heon;Kim, Cha-Seil;Ha, Hyun-Chen;Yang, Seong-Heon
    • Tribology and Lubricants
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    • v.18 no.5
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    • pp.357-363
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    • 2002
  • The vibration characteristics of the pad fluttering in a fluid film tilting pad journal bearing (4-pad LBP) have been investigated experimentally under the different values of oil supply flow rate, bearing load and shaft speed. The vibration characteristics of the pad fluttering are estimated by measuring the time signal of circumferential distribution of the film thickness and the cascade plot of the response of the relative displacement between the bearing and the shaft. It is shown that the vibration frequency of the pad fluttering has a sub-synchronous frequency and almost does not change by the increase of shaft speed. However the vibration amplitude is increased by the increase of shaft speed. From those experimental results, pad fluttering can be thought of as a self-excited vibration. The incipient pad fluttering velocity is increased by the increase of oil supply flow rate and by the decrease of bearing load. It is observed that the vibration amplitude of the pad fluttering can be decrease by the control of supply oil flow rate effectively. And also It is known that the outbreak of pad fluttering does not concern with the shaft vibration.

Experimental Study on the Characteristics of the Pad Fluttering in a Tilting Pad Journal Bearing (틸팅패드 저어널베어링의 패드 Fluttering 특성에 관한 실험적 연구)

  • 양승헌;하현천;김재실
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 2000.11a
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    • pp.228-234
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    • 2000
  • The vibration characteristics of the pad fluttering in a fluid film tilting pad journal bearing(4-pad LBP) have been investigated experimentally under the different values of oil supply flow rate, bearing load and shaft speed. The vibration characteristics of the pad fluttering are estimated by measuring the time signal of circumferential distribution of the film thickness and the cascade plot of the response of the relative displacement between the bearing and the shaft. It is shown that the vibration frequency of the pad fluttering has a sub-synchronous frequency and 31mos1 does not change by the increase of shaft speed. However the vibration amplitude is increased by the increase of shaft speed. From those experimental results, pad fluttering can be thought of as a self-excited vibration. The incipient pad fluttering velocity is increased by the increase of oil supply rate and by the decrease of bearing load. It is observed that the vibration amplitude of the pad fluttering can be decreased by the control of supply oil flow rate effectively. And also It is known that the outbreak of pad fluttering does not concern with the shaft vibration.

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An Investigation and Analysis on Actual Condition of Energy Utilizations in Farmhouse for Environmental-friendly Planning of Rural Villages (친환경 농촌마을계획을 위한 주거 에너지 이용실태 조사 분석)

  • Nam, Sang-Woon;Kim, Dae-Sik
    • Journal of The Korean Society of Agricultural Engineers
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    • v.49 no.6
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    • pp.55-62
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    • 2007
  • Actual states of energy utilizations were investigated and analyzed on three representative rural villages in Chungcheongnam-Do. Rural residents were almost using the ondol boiler as a heating facility and oil(diesel, kerosene) and electricity(night thermal-storage power service) as a heating energy. There were a few households using briquette or firewood in a fuel hole with Korean hypocaust. Most of their cooking facilities were gas ranges using LPG. The most popular hot-water supply system was an oil boiler and the next was an electricity boiler. The amount of energy use in a rural household generally showed 20,000 to 40,000 won/month of the electric power rate, 400 to 800 liter/year of the oil and 60 to 120 kg/year of the LPG. Prompt measures should be taken to promote the spread of new and renewable energy such as solar heat, biomass and wind power, etc.

Analysis of Forces Acting on Plunger in Radial Plunger Pump Considering Characteristics of Oil (유압유의 특성을 고려한 플런저 펌프의 작용력 해석)

  • 장윤석;박인규;임윤철
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 2001.11a
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    • pp.151-158
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    • 2001
  • This paper presents a method for evaluating the lubrication characteristics between the plunger and cylinder in a radial type plunger pump. A numerical analysis is carried out in order to obtain the pressure distribution and acting forces between the plunger and cylinder. The pressure distribution is also measured experimentally by using pressure transducer through the cam type test machine. The experimental pressure distribution result is compared with the numerical result which is estimated by the computer simulation. In conclusion, the acting forces to the plunger are expressed for the operating conditions such as clearance, supply pressure, rotation speed and viscosity of oil.

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The Effect of Aerated Oil Considering Live Oil Surface Tension on High-Speed Journal Bearing

  • Chun, Sang-Myung
    • KSTLE International Journal
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    • v.2 no.2
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    • pp.103-113
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    • 2001
  • The influence of aerated oil on high-speed journal bearing is examined by classical thermohydrodynamic lubrication theory coupled with analytical models for viscosity and density of air-oil mixture in fluid-film bearing. Convection to the walls and mixing with supply oil and re-circulating oil are considered. The live oil surface tension is considered as functions of temperature, API gravity and air volume ratio. With changing eccentricity ratio, it is investigated the effects of air bubbles on the performance of a high-speed plain journal bearing. Just at the moderate eccentricity ratios, even if the involved aeration levels are not so severe and the entrained air bubble sizes are not so small, it is found that the bearing load and friction farce may be changed so visibly for the high speed bearing operation.

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