Definition of Refinery losses and gains

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TeachMeFinance.com - explain Refinery losses and gains



Refinery losses and gains

The term 'Refinery losses and gains' as it applies to the area of energy can be defined as ' Processing gain and loss that takes place during the refining process itself. Excludes losses that do not take place during the refining process, e.g., spills,fire losses, and contamination during blending, transportation, or storage'.

Previous 5 Terms:
Refinery capacity utilization
Refinery fuel
Refinery gas
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Next 5 Terms:
Refinery output
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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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