Oct 3, 2023, 10:43 AM IST

6 countries with largest oil refining capacities

ZeeBiz Webdesk

Crude oil refinery capacity worldwide by major countries (in million barrels per day)

6. Japan  (Refining Capacity:  3.28 mb/d)

As of 2021, it was the world's sixth-largest refiner, with a total refining capacity of 3.28 million barrels per day. The country's refining sector is well developed and makes major contributions to the economy.

5. South Korea  ( Refining Capacity: 3.57 mb/d )

Having a total refining capacity of roughly 3.6 million barrels per day, South Korea manufactures a diverse spectrum of petrochemicals, ranging from fuel oils to lubricants.

4. India  ( Refining Capacity: 5.01 mb/d )

With a refining capacity of 5.01 million barrels per day, India is actively seeking to expand its crude oil refining capacity.

3. Russia  ( Refining Capacity: 6.86 mb/d )

Russia produces 6.86 million barrels per day. It is the world's third-largest refining country. Russia is also a significant oil exporter.

2. China  ( Refining Capacity: 16.99 mb/d )

With a total capacity of 16.99 million barrels per day, China's refining industry has risen to become one of the most efficient in the world.

1. United States  ( Refining Capacity: 17.94 mb/d )

With a refining capacity of 17.94 million barrels per day, the US accounts for 20% of the world's total refining capacity. The US has a huge and diverse refining capability that can process a wide range of crude oils.