API MPMS 17.9 Manual of Petroleum Measurement Standards Chapter 17 - Marine Measurement Section 9Vessel Experience Factor (VEF) IP Hydrocarbon Management HM 49
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API MPMS 17.9 Document Information:
Title
Manual of Petroleum Measurement Standards Chapter 17 - Marine Measurement Section 9Vessel Experience Factor (VEF) IP Hydrocarbon Management HM 49
American Petroleum Institute
Publication Date:
Nov 1, 2005
Scope:
This standard provides a recommended practice for the calculation and
application of a VEF and
provides guidelines for data compilation, data validation, and
recommendations on the appropriate
use of VEF during custody transfer involving marine tank vessels. It
also provides clear guidance
on maintenance of quantity data on board the vessel, calculation of
VEFs and application of VEFs.
The key aim is to provide a single unambiguous figure for VEFL or VEFD
and to remove the
possibility of any arbitrary inclusion or exclusion of data on the
part of the individual(s)
performing the final calculation. Close attention has been paid to the
calculation method which has
been tested using historical data. Bearing in mind the uncertainty
which will attach to any
individual measurement (including those being 'corrected' using the
VEF figure) the calculation
method will provide a stable and robust ratio.
The standard also provides instruction for parcel tankers, part
cargoes, compartmental VEFs, and
vessel-to-vessel transfers. The methods are applicable to liquid bulk
cargoes including crude oil,
petroleum products, chemicals, and LPGs.
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