Major refinery projects in Asia and the Middle East 2022-2023, by refining capacity
China concentrates most of the refinery projects scheduled to start operation between 2022 and 2023 in the Asian and Middle East region. In terms of refining capacity, Kuwait's Al Zour refinery is estimated to be the largest project, at 615,000 barrels per day. This is followed by the Jieyang and Rongsheng refineries, both located in China and each with a refining capacity of 400 thousand barrels daily. Meanwhile, the refining capacity worldwide is forecast to expand by one million barrels per day in 2022, with an additional expansion of 1.6 million barrels daily in the following year.