• How many upcoming crude oil refinery projects are there?
  • “Refinery New-Build and Expansion Projects Analytics and Forecast by Project Type, Regions, Countries, Development Stage, and Cost 2022-2026” Globally, 460 upcoming crude oil refinery projects are expected to start operations from 2022 to 2026. Of these, 118 represent new build projects and 342 are expansions of existing projects.
  • How many refinery projects are there in Asia and the Middle East?
  • In Asia and the Middle East, at least nine refinery projects are beginning operations or are scheduled to come online before the end of 2023. At their current planned capacities, they will add 2.9 million barrels per day (b/d) of global refinery capacity once fully operational.
  • What are the major new-build crude oil refinery projects globally?
  • Some of the major new build crude oil refinery projects globally are Lagos I, Al-Zour, Vadinar CDU Expansion, Yulong, Coega, Jieyang, Siraf, Dos Bocas, Gulei, Lianyungang I, Tianjin II, and Shahid Ghasem Soleimani. What is the regional-level outlook of the global new-build and expansion refinery projects?
  • How many refinery projects are there in the world?
  • Globally, about 215 upcoming refinery projects are in the construction stage and are likely to start operations from 2022 to 2026. Asia dominates globally with the highest number of new build and expansion projects. China leads among the countries globally followed by Nigeria and India.
  • Is light crude oil refinery a go/no go?
  • The pipeline was the very first of its kind and became the base for future development of oil transportation industry. In September 2019, Deloitte conducted a feasibility study of light crude oil refinery to determine, if the project is a go/no go. The study shows that the project is economically and financially feasible.
  • When will a new oil refinery come online?
  • A new 140,000 b/d refinery is scheduled to come online in Karbala, Iraq, this September, targeting fully operational status by 2023. A new 230,000 b/d refinery is set to come online in Duqm, Oman, likely in early 2023.