Refineries: China, Nigeria & Kuwait Lead Global Planned CDU Capacity Additions
Analysis of the global planned Crude Distillation Unit (CDU) capacity of refineries shows that China has the highest planned CDU capacity additions globally with 2 460 000 bpd between 2018 and 2022, followed by Nigeria and Kuwait with 889 000 bpd and 615 000 bpd respectively, according to GlobalData, a leading data and analytics company.
Presently, China accounts for 29% of the total global CDU capacity in 2022. The country has seven planned refineries. The top refinery in terms of planned CDU capacity is Dayushan Island with 800 000 bpd. Dalian III and Jieyang are jointly in second, each with a capacity of 400 000 bpd.
Nigeria has 11% share in the global planned CDU capacity in 2022. The country has eight planned refineries. The top planned refineries are Lagos I, Lagos VI and Immingiri with capacities of 650 000 bpd, 100 000 bpd and 60 000 bod respectively.
Kuwait is expected to contribute about 7% to the total global CDU capacity in 2022. The country has only one planned refinery, Al-Zour, with CDU capacity of 615 000 bpd.
Iran is in fourth with planned CDU capacity of 465 000 bpd, which accounts for 6% of the global total in 2022. The country has five planned refineries. The top refineries are Mazandaran, Kermanshah II, and Chabahar I with capacities of 240 000 bpd, 150 000 bpd, and 40 000 bpd respectively.
Iraq is the fifth major country with planned CDU capacity of 440 000 bpd, which is 5% of the global total. The country has three planned refineries, Maysan, Kirkuk III, and Karbala with capacities of 150 000 bpd, 150 000 bpd, and 140 000 bpd respectively.
The remaining four countries in the top 10 – Saudi Arabia, Indonesia, Malaysia and Oman – together have CDU capacity of 1 254 000 bpd, which is close to 15% of the global total in 2022. These countries are expected to add 400 000 bpd, 324 000 bpd, 300 000 bpd and 230 000 bpd respectively, to the global CDU capacity by 2022.