EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads
Green Car Congress
JULY 21, 2022
High-capacity refineries require access to reliable sources of crude oil inputs to maintain higher utilization and to a sufficiently large pool of potential customers to supply. Chinese capacity is scheduled to increase significantly this year because of the start of at least two new refinery projects and a major refinery expansion.
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