Skip to main content

GlobalData: Asia continues to drive global refinery CDU capacity additions

Published by
Hydrocarbon Engineering,


According to GlobalData, Asia is expected to witness the highest crude distillation unit (CDU) capacity additions globally, contributing approximately 47% of the total CDU capacity additions by 2026.

GlobalData’s report, ‘Refining Industry Market Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2022 - 2026’, reveals that Asia is likely to witness a total CDU capacity addition of 7.1 million bpd by 2026. Of this, new-build capacity would be 4.3 million bpd, while the rest is from expansion of existing refineries.

Teja Pappoppula, Oil and Gas Analyst at GlobalData, comments: “China and India primarily drive refinery CDU capacity additions in Asia by 2026. Yulong and Jieyang, both in China, are the largest upcoming new-build projects in Asia during 2022 to 2026 outlook period, each with a capacity of 400 000 bpd. Among the expansion projects, Vadinar in India is expected to witness the highest capacity additions of 515 000 bpd by 2026 in the region.”

GlobalData identifies Africa as the second-highest contributor to the global CDU capacity additions, accounting for about 22% of the total additions by 2026. New build projects contribute to almost entire capacity additions in the region with Lagos I refinery in Nigeria leading the way with a capacity of 650 000 bpd by 2026. The major expansion project in the region is the Assiut I refinery in Egypt. It is expected to start operations in 2024 with a capacity of 100 000 bpd.

Middle East ranks third globally, contributing about 19% of world’s CDU capacity additions during the outlook period 2022 – 2026. Al-Zour in Kuwait drives the new-build CDU capacity additions in the region with 615 000 bpd by 2026. Ruwais in UAE, and Isfahan in Iran drive the expansion capacity additions with 200 000 bpd and 120 000 bpd, respectively.

Read the article online at: https://www.hydrocarbonengineering.com/refining/24052022/globaldata-asia-continues-to-drive-global-refinery-cdu-capacity-additions/

You might also like

 
 

Embed article link: (copy the HTML code below):