Sustainable locating of petroleum refinery projects

Hamidreza Hasheminasab, Mohammadreza Kharrazi, Yaghob Gholipour, Sarfaraz Hashemkhani Zolfani and Dalia Streimikiene

Technology in Society, 2024, vol. 78, issue C

Abstract: The Petroleum Refinery Industry (PRI) is notorious for its significant contribution to environmental degradation. Operations of refineries in local neighborhoods often lead to adverse impacts on the surrounding community and environment. However, PRI projects also yield positive effects on local, national, and international economies. Mitigating the negative consequences of refinery operations necessitates a scientific and quantitative approach to selecting refinery locations. This process should consider a multitude of parameters and alternatives, encompassing social and environmental resiliency, transportation factors, and product markets throughout the refinery life cycle, in an integrated manner. Quantifying the impact of these parameters on the triple bottom line is essential for informed decision-making.

Keywords: Sustainable locating; Site selection; Life-cycle analysis; Petroleum refinery projects; MADM; Policies (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:78:y:2024:i:c:s0160791x24001520

DOI: 10.1016/j.techsoc.2024.102604

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