The Supply Chain of the Palm Oil Industry in Malaysia

  • 2025 new technology linseed oil refining machine in nepal
  • 2025 new technology linseed oil refining machine in nepal
  • 2025 new technology linseed oil refining machine in nepal
  • 2025 new technology linseed oil refining machine in nepal

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  • Are Nigerian refineries still operational?
  • Historically, refineries in Nigeria have struggled to remain operational despite the country’s economic and population growth. So far in 2024, the refinery has primarily exported straight-run fuel oil and naphtha but announced it had started supplying distillate to retail stations in local markets in April.
  • How much refining capacity will come online in 2024-28?
  • We estimate that between 2.6 million barrels b/d and 4.9 million b/d of refining capacity will come online over 2024–28. Our analysis discusses only projects with reasonable expectations of coming online within the next four years, based on project announcements.
  • Which oil refineries are operating at full capacity in 2024?
  • In early February 2024, the 230,000-b/d Duqm refinery in Oman (a joint venture between Oman’s OQ Group and Kuwait Petroleum International) and the 615,000-b/d Al Zour refinery in Kuwait (operated by the Kuwait Integrated Petroleum Industries Company, or KIPIC) began operating at full capacity.
  • Where will refined product output grow in 2024-28?
  • The bulk of planned growth in refined product output is in the Asia-Pacific (mostly China and India) and the Middle East. We estimate that between 2.6 million barrels b/d and 4.9 million b/d of refining capacity will come online over 2024–28.
  • How much does refining cost in 2023?
  • Based on published financial statements, refining capital expenditures from 39 global refiners totaled $71 billion in 2023, down slightly from 2022 after adjusting for inflation2. From 2009 to 2023, companies with global refining operations, called Global Majors, averaged about 25% of each year’s total capital expenditures.
  • What is the global refining capacity in 2023?
  • In 2023, global refining capacity was estimated at 103.5 million barrels per day (b/d)1.