How many crude oil refineries are there in the world?
At the end of 2018, there were 615 crude oil refineries in the world, with a combined refining capacity of roughly 92 million barrels per day (bpd) 17. This equates to an average single refinery, based on crude oil processed, having a capacity of about 150,000bpd, or about 20,700tons per day (based on 7.25 barrels per ton).
What is a petroleum refinery?
A petroleum refinery is a set of installations intended to transform crude oil, generally unusable as such, into petroleum products: motor gasoline, jet fuel, diesel fuel, fuel oil, lubricants, liquefied petroleum gases, naphtha, and so on. The products consumed in largest volumes are motor gasoline, motor diesel, and heavy fuel oil.
What are China’s standards for oil refineries?
Our Standards: The Thomson Reuters Trust Principles. China has set a minimum size for new oil refineries and will ban small crude processors that claim to be chemicals or bitumen producers under a plan to limit total capacity at 1 billion metric tons, or 20 million barrels per day, by 2025.
What is the average capacity of a refinery?
The average capacity of a refinery is therefore around 150,000 b/d or nearly 8 Mt./year. The Jamnagar refinery is the largest oil refinery in the world since 2008, with a processing capacity of 1.24 million barrels per day (more than 60 million tons per year, almost equivalent to the capacity of a major European country!).
