Monitoring stocks and fiscal movements to supply timely integration to Astron Energy ERP using Sigmafine IMM | Sigmafine Virtual Summit

Monitoring stocks and fiscal movements to supply timely integration to Astron Energy ERP using Sigmafine IMM

In 2018, Astron Energy entered the South African market through a majority acquisition of one of the major oil companies. Astron Energy owns and operates the country’s third-largest crude oil refinery, with a capacity of 100,000 barrels a day. The refinery, located in Milnerton, Cape Town, produces petrol, diesel, jet fuel, LPG, bitumen gas, and other specialty products. Astron Energy uses Sigmafine to monitor the data quality of the raw measurements used to perform the daily refinery plant mass balance and monthly production accounting, as well as the validation of the refinery's daily and monthly stock balance.

The Sigmafine infrastructure was expanded in 2018 to include Sigmafine Intelligent Movement Management System (IMM) to monitor the validity of declared oil movement quantities as well as tank operating status. The solution included direct integration into SAP for monthly inventory stock declarations. The inclusion of IMM has led to fast detection of misalignment of declared materials and quantities to the extent that SAP receives input data on the first day of the new month and ultimately closes the monthly stock balance within an agreed upon and stipulated time frame.

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Magadla(2)

Sive Magadla
Refinery Mass Balance Engineer
Astron Energy (Pty) Ltd.
Sive.magadla@astronenergy.co.za
+27 272 1508 4277

Speaker Bio

Sive Magadla is an Astron Energy Refinery Mass Balance Engineer with over seven years of experience in the petroleum industry, from refinery operations to oils planning.

He holds a BTECH in Chemical Engineering from Cape Peninsula University of Technology. His involvement with Sigmafine includes model administration, configuration, user interfaces, and its extensions.

About Astron Energy

Astron Energy is a leading supplier of petroleum products in South Africa, with a vast network of Caltex-branded service stations that make it one of the country’s top two petroleum brands. We are strongly committed to being a responsible corporate citizen, promoting education, health and economic development in an effort to build stronger communities and drive sustainable economic growth.

We own and operate the country’s third-largest crude oil refinery in Cape Town, which has a capacity of 100,000 barrels a day, and a lubricants manufacturing plant in Durban.

www.astronenergy.co.za

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