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China Leads Global Refinery CDU Capacity Additions by 2025

By GlobalData 12 Apr 2021 (Last Updated April 12th, 2021 16:11)

GlobalData’s latest report, 'Global Capacity and Capital Expenditure Outlook for Refineries, 2021−2025 – China Leads Global Refinery CDU Capacity Additions' indicates that global crude distillation unit (CDU) capacity is expected to witness a growth of 8.8% over the next four years, potentially increasing from 104.7 million barrels per day (mmbd) in 2021 to 114.0mmbd by 2025.

China Leads Global Refinery CDU Capacity Additions by 2025
China is expected to add 2.7mmbd of CDU capacity by 2025. Credit

GlobalData’s latest report, ‘Global Capacity and Capital Expenditure Outlook for Refineries, 2021−2025 – China Leads Global Refinery CDU Capacity Additions’ indicates that global crude distillation unit (CDU) capacity is expected to witness a growth of 8.8% over the next four years, potentially increasing from 104.7 million barrels per day (mmbd) in 2021 to 114.0mmbd by 2025.

Asia’s CDU capacity is expected to reach 40.8mmbd in 2025, the highest among all regions globally. North America and Europe follow with 24.6mmbd and 13.9mmbd, respectively.

Among countries, China, India, and Nigeria would be the top three countries globally for CDU capacity additions during the 2021 to 2025 outlook period. China is expected to add 2.7mmbd of CDU capacity by 2025, while India and Nigeria are expected to add 1.6mmbd and 1.2mmbd, respectively.

New Build and Expansion Refinery CDU Capacity Additions by Key Countries, 2021–2025 (mbd)

The Lagos I refinery in Nigeria and the Al-Zour refinery in Kuwait are the top two upcoming refineries globally in terms of CDU capacity during 2021 to 2025. The Lagos I refinery is expected to start operations with a capacity of 650 thousand barrels per day (mbd), followed by Al-Zour with 615mbd. Jizan, Jieyang, and Yulong are in joint third with capacities of 400mbd each.

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