NEWS ARCHIVE

Refining capacity slows

THE global refining fleet is expected to increase from 98.9 million barrels per day to 115.2MMbpd by 2020, a slowing of capacity build as the global economy sputters, but Asian growth is again set to lead the world.

Refining capacity slows

According to GlobalData, global crude distillation unit capacity will grow by 16.7% by 2020 based on planned and announced refineries, but that will be a step down from the consultancy's last forecast...

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