Related Articles
Forward article link
Share PDF with colleagues

World refining system needs extensive reconstruction

The world refining system will need reconstruction to meet likely changes in transport fuels demand

One safe forecast for refiners is that their operations will become more intensive and will be carried out in fewer, larger, complexes in coming years. While demand is moving towards lighter and cleaner refined products, the world’s crude production is becoming heavier and with a higher sulphur content. Reconciling the two trends will call for the construction of a large volume of bottom-of-the-barrel processing capacity – particularly hydrocracking and delayed coking units, to crack heavy residues into middle distillates. But such units need to be large, with a capacity of 50,000 barrels a day (b/d) or more, to benefit from the economies of scale. A refinery with a distillation capacity of

Also in this section
In the US northeast, more pipes and more gas
29 March 2017
New infrastructure will unleash new supplies from the Marcellus and Utica. It could temper the recent price rally
Reality bites for Canada
27 March 2017
Canada's export plans are among the world's most ambitious. And slowest to get moving
The US builds for the future
27 March 2017
Rapid rebalancing of the world's seaborne gas market will be crucial to the success of US exports