SPECIAL REPORT: Global refining capacity increases slightly in 2006

The worldwide refining industry added a slight amount of crude distillation capacity in 2006. For the fifth year in a row, worldwide capacity is at a record high. The number of refineries remained relatively stable.Last year’s refining report showed a worldwide capacity of slightly more than 85.1 million b/cd in 662 refineries as of Jan. 1, 2006. This year, OGJ’s survey reflects a total capacity of nearly 85.2 million b/cd in 658 refineries, an increase of less than 52,000 b/cd.The increase is the smallest net gain in refining capacity since 2001, when refining capacity decreased. Click here to enlarge imageFig. 1 shows the trend in operable refineries and worldwide capacity....

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