In this article, we will look at the 5 countries with the largest refining capacity. If you want to explore similar countries, you can also read 15 Countries With The Largest Refining Capacity.
5. South Korea
Refining Capacity: 3.57 mb/d
South Korea is one of the countries with the largest refining capacity. The country is home to some of the world‘s largest refineries, with a combined refining capacity of nearly 3.6 million barrels of oil per day, as of 2021. In addition to its refining capacity, South Korea is also a major producer of petrochemicals. The country produces a wide range of petrochemicals, from fuel oils to lubricants, and is home to several petrochemical companies.
4. India
Refining Capacity: 5.01 mb/d
India is the fourth largest oil refiner in the world, with a refining capacity of 5.01 million barrels per day, as of 2021. India is also one of the largest producers of oil in the world, and is actively working to increase its crude oil refining capacity. Overall, India‘s refining capacity is expected to continue to grow in the years to come.
3. Russia
Refining Capacity: 6.86 mb/d
Russia is one of the world’s leading oil and gas producers and has some of the world’s largest oil and gas refineries. Russia’s refining capacity, as of 2021, sits at 6.86 million barrels per day. It is the third-largest refining country in the world, behind the China and the United States. In addition to being a major refiner and producer, Russia is also one of the leading exporters of oil.
2. China
Refining Capacity: 16.99 mb/d
China is the world’s second-largest crude oil refiner, with a total refining capacity of 16.99 million barrels per day, as of 2021. China’s refining sector has grown to become one of the most advanced in the world. China’s refining capacity has grown significantly over the past decades and is expected to continue doing so.
1. United States
Refining Capacity: 17.94 mb/d
The United States has the world’s largest refining capacity, with 17.94 million barrels of crude oil processed daily, as of 2021. This accounts for roughly 20% of the world’s total refining capacity. The United States has a large and diverse refining capacity that is capable of processing a variety of crude oils into the products needed for domestic consumption. This capacity is expected to remain strong in the coming years, as the use of petroleum products continues to persist in the United States.
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