Flow Measurement and Custody Transfer
- September 9 – 11, 2019
- 9:00 AM to 5:00 PM
- Bangkok, Thailand
Understanding the basics of the devices that are key to the financial success of your organisation is important – not just from the perspective of financial success, but also to ensure good relations with your suppliers and customers.
This course is unique in that we look at all measurement devices for financial transactions, including production allocation, royalty payments, and custody transfer of non-products (such as consumable chemicals).
Good measurement is not about increasing your profits; it is about increasing your confidence that your measurements are correct. Bad measurement may be increasing your income, but it can set your organisation up for a lawsuit, and potential loss of reputation.
what will you gain
- A thorough understanding of the basics of custody transfer
- An understanding about how measurement systems can not work properly
- The ability to determine if a metering system is adequate for the purpose
- The ability to report to management on the status of the custody transfer systems in place
who should attend
The course is intended for practicing instrumentation, chemical, or process engineers and measurement superintendents and technicians involved with the design or operation of custody transfer systems, or the design companies that support them.