Top 5 Largest Refineries In The World

In this article, we are going to look at the top 5 largest refineries in the world. If you want to read more about the largest refineries in the world and check out our detailed analysis of the oil and gas industry, you can go to Top 20 Largest Refineries In The World.

5. S-Oil Onsan Refinery 

Refining Capacity: 669,000 b/cd

Owned by S-Oil Corporation (KRX: 010950), the S-Oil Onsan Refinery is located in Ulsan, South Korea. With a refining capacity of 669,000 barrels per day, it is only the third largest in South Korea and the fifth largest in the world in terms of refining capacity as of 2022.

4. GS Caltex Corp. Yeosu Refinery

Refining Capacity: 800,000 b/cd

Located in Yeosu-si, Jeollanam-do, South Korea, the GS Caltex Corp. Yeosu Refinery is the second largest refinery in South Korea. The refinery is operated by GS Caltex Corporation, which is a South Korean Energy and Chemical company jointly owned by Chevron Corporation (NYSE:CVX) and GS Group ( KRX:078930). As one of the largest refineries in the world, the GS Caltex Corp. Yeosu Refinery has the capacity to process 800,000 barrels of crude oil per calendar day as of 2022.

3. Abu Dhabi Oil Refining Co. Ruwais Refinery

Refining Capacity: 817,000 b/cd

The Abu Dhabi Oil Refining Co. Ruwais Refinery is operated by the Abu Dhabi National Oil Company (ADNOC), which is the state-owned oil company of the United Arab Emirates. Located in the city of Ruwais, in Abu Dhabi’s western region, the refinery has a refining capacity of 817,000 barrels per day as of 2022.

2. SK Energy Ulsan Refinery

Refining Capacity: 840,000 b/cd

The SK Energy Ulsan Refinery is owned and operated by SK Energy, which is a subsidiary of SK Innovation Co., Ltd. (KRX: 096770). Located in Ulsan, South Korea, it is the largest refinery in South Korea and the second largest in the world with a refining capacity of 840,000 barrels per day as of 2020.

1. Petróleos de Venezuela SA Paraguana Refinery Complex

Refining Capacity: 940,000 b/cd

With a refining capacity of 940,000 barrels per day, the Petróleos de Venezuela SA Paraguana Refinery Complex tops our list of the top 20 largest refineries in the world in terms of refining capacity. It is located at Punto Fijo, Falcón, Venezuela and owned by the Petróleos de Venezuela SA, the Venezuelan state-owned oil and natural gas company.

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