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Title: Calibration Of Storage Tanks
Author: Peter Quinn
Source: 1981 International School of Hydrocarbon Measurement
Year Published: 1981
Abstract: All transfers of petroleum products, petrochemicals and liquified gases imply that the product is passing one step further along the chain between initial supply point and final user. At each step ofthe chain custody or responsibility changes hands be it from one part of an organization to another or from one owner to another. Also at each stage oil accountants and financial accountants are trying to balance their books and both rely on the measurement system for their basic input. Data derived from either a static or dynamic measurement is the base for their calculations oil accountants calculate the quantities of oil which have been received, transferred, or dispatched the financial accountants receive, transfer and dispatch money in accordance with the advice of the oil stock position.

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