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Energy

Global Oil Refinery Capacity Analysis 2023

The 2023 data from the Energy Institute provides a comprehensive view of global oil refining capacity, measured in barrels per day (BPD). This data reveals important patterns in energy infrastructure and industrial capacity across major economies.

RankCountryRefining Capacity (Barrels/Day)
1🇨🇳 China18,484,000
2🇺🇸 United States18,429,000
3🇷🇺 Russia6,781,000
4🇮🇳 India5,085,365
5🇰🇷 South Korea3,363,000
6🇸🇦 Saudi Arabia3,289,000
7🇯🇵 Japan3,068,880
8🇮🇷 Iran2,604,000
9🇧🇷 Brazil2,290,108
10🇩🇪 Germany2,076,000
11🇨🇦 Canada1,954,000
12🇮🇹 Italy1,794,000
13🇪🇸 Spain1,590,510
14🇲🇽 Mexico1,558,000
15🇰🇼 Kuwait1,309,000
16🇻🇪 Venezuela1,303,000
17🇸🇬 Singapore1,302,000
18🇦🇪 UAE1,259,000
19🇹🇭 Thailand1,243,600
20🇮🇩 Indonesia1,242,000

Leading Nations

Top Tier Refiners

China and the United States dominate global refining capacity with remarkably close figures:

  • China: 18,484,000 BPD
  • United States: 18,429,000 BPD

These nearly identical capacities show the industrial parity between these economic superpowers in petroleum processing.

Second Tier

Russia stands as a distant third with 6,781,000 BPD, followed by India with 5,085,365 BPD, demonstrating the significant gap between the top two and the rest of the world.

Regional Analysis

East Asian Capacity

The East Asian region shows significant refining presence:

  • South Korea: 3,363,000 BPD
  • Japan: 3,068,880 BPD
    These figures reflect the region’s industrial strength and energy demands.

Middle Eastern Hub

Several Middle Eastern nations maintain substantial capacity:

  • Saudi Arabia: 3,289,000 BPD
  • Iran: 2,604,000 BPD
  • Kuwait: 1,309,000 BPD
  • UAE: 1,259,000 BPD

European Presence

European Industrial Powers

Major European economies maintain significant capacity:

  • Germany: 2,076,000 BPD
  • Italy: 1,794,000 BPD
  • Spain: 1,590,510 BPD

Key Insights

Geographic Distribution

The data shows:

  • Strong Asian presence in refining capacity
  • Significant Middle Eastern capabilities
  • Balanced distribution across developed economies
  • Strategic positioning near major shipping routes

Industrial Implications

The refinery capacity distribution reflects:

  • Energy security priorities
  • Industrial development levels
  • Strategic energy infrastructure
  • Regional energy trade patterns

This data provides crucial insights into global energy processing capabilities and industrial development patterns across major economies in 2023.

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