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Recently, GlobalData said that from 2021 to 2025, Asia will become the region with the largest increase in the hydroprocessing capacity of refineries in the world.
By 2025, the newly added hydrogen processing capacity in Asia will account for about 40% of the total capacity
.
GlobalData's "Global Refinery Hydrotreating Unit Outlook to 2025-Capacity and Capital Expenditure" report pointed out that by 2025, Asian hydrotreating units will add a total capacity of 3.
604 million barrels per day
GlobalData Oil and Gas Analyst Teja Pappoppula said: "By 2025, China and India will account for 85%
of the newly added capacity in Asia .
The Wadi Naar refinery in India is the largest upcoming expansion project in Asia and is expected to be completed by 2024.
The new hydrogen treatment capacity will be increased by 374,000 barrels per day
GlobalData pointed out that the Middle East is the world's second largest contributor to newly added hydrogen treatment plant capacity, accounting for about 28% of the total increase by 2025
.
The planned Al Zour refinery in Kuwait is one of the contributors to the largest increase in production capacity in the region, with an estimated increase of 720,000 barrels per day
.
During the outlook period from 2021 to 2025, Africa will account for about 15% of the new capacity of global hydroprocessing plants, ranking third in the world
.
Among them, Nigeria accounts for most of the new capacity in the region.
It is estimated that by 2025, 12 new projects will add 719,000 barrels/day of hydroprocessing capacity
.
