The US to drive renewable refinery production capacity additions by 2027
Global renewable refinery production capacity is expected to more than double to 24,407 million gallons per year in 2027.
Source: offshore-technology.com
Stay updated with breaking news from Downstream Analytics. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Global renewable refinery production capacity is expected to more than double to 24,407 million gallons per year in 2027.
Asia’s refinery hydrocracking units capacity increased from 3,479 thousand barrels per day (mbd) in 2017 to 4,483 mbd in 2022 AAGR of 5.1%.
China, Nigeria and Iraq are the top three countries globally with the most planned and announced CDU capacity additions by 2023.
Middle East oil refining outlook: Saudi Arabia, Iran, UAE, Iraq and Turkey are the key sector players, accounting for over 76.6 per cent of the total refining capacity in 2018.