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.