What is relative density in SAP IS-OIL-DS-HPM - Hydrocarbon Product Management?

SAP Term: relative density

• Component: IS-OIL-DS-HPM

• Component Name: Hydrocarbon Product Management

• Description: The ratio of the mass of a given volume of liquid at 15°C or other standard temperature, such as 60°F to the mass of an equal volume of pure water at the same temperature.

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• Key Concepts: 
  Relative density is a measure of the density of a hydrocarbon product relative to the density of water. It is used to determine the quality of a hydrocarbon product and is an important factor in the pricing of hydrocarbon products. 
  
  How to use it: 
  In the IS-OIL-DS-HPM Hydrocarbon Product Management component, relative density is used to determine the quality of a hydrocarbon product. The relative density of a hydrocarbon product is calculated by dividing its density by the density of water at a given temperature and pressure. The result is then compared to a reference value, which is typically set at 15°C and 1 atmosphere. 
  
  Tips & Tricks: 
  When calculating relative density, it is important to ensure that the temperature and pressure used for both the hydrocarbon product and water are consistent. This will ensure that the relative density calculation is accurate. 
  
  Related Information: 
  Relative density is closely related to another measure of hydrocarbon product quality, API gravity. API gravity is calculated by dividing the specific gravity of a hydrocarbon product by that of water at 60°F.