View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Comment
March 3, 2022

Global coking capacity additions to cross 11.3MMbd by 2026

According to GlobalData, global coking capacity is expected to grow at 10.3% over the next years, with Asia set to show the highest globally.

By GlobalData Energy

GlobalData’s latest report, “Global Capacity and Capital Expenditure Outlook for Refineries, 2022,” indicates that global coking capacity is expected to witness a growth of 10.3% over the next four years, potentially increasing from 10.2 million barrels per day (MMbd) in 2022 to 11.3MMbd by 2026.

Asia’s coking capacity is expected to reach 4.2MMbd in 2026, the highest among all regions globally. North America follows with a capacity of 3.6MMbd. 

In terms of capacity additions, Asia would lead globally during the 2022 to 2026 outlook period. Asia is expected to add 689 thousand barrels per day (Mbd) of coking capacity by 2026. It would be followed by North America and the Middle East.

The Jieyang refinery in China, Dos Bocas in Mexico, and Panjin II in China are the top three upcoming refineries globally in terms of coking capacity from 2022 to 2026. The Jieyang is expected to start operations with a capacity of 152.6Mbd, followed by Dos Bocas and Panjin II with 105.4Mbd and 93.0Mbd, respectively.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy


Thank you for subscribing to Offshore Technology