• How many barrels a day does a crude oil refinery produce?
  • U.S. operable atmospheric crude oil distillation capacity, the primary measure of refinery capacity, totaled 18.4 million barrels per calendar day (b/cd) at the start of 2024, a 2% increase compared with the start of 2023.
  • Which is the largest oil refinery in the world?
  • The Jamnagar refinery is the largest oil refinery in the world since 2008, with a processing capacity of 1.24 million barrels per day (more than 60 million tons per year, almost equivalent to the capacity of a major European country!). Located in Gujarat, India, it is owned by Reliance Industries.
  • How much oil is produced in Saudi Arabia?
  • While the annual production of Arabian Light, a crude oil extracted mainly from the Ghawar field in Saudi Arabia, exceeds 250 million tons per year (Ghawar, from where it is produced, originally contained more than 10 billion tons of crude oil), many crude oils are produced in very small quantities.
  • How much does a crude oil refinery cost?
  • But the majority of refineries in operation is largely amortized and therefore operates with lower refining costs, in the order of $3 to $5 per barrel of crude oil processed. As we have seen, fixed costs (personnel, maintenance, and overheads) and capital costs represent the bulk of the total cost of processing crude oil.
  • Which countries have a large refining base?
  • North America (the United States, Canada, and Mexico) also has a very large refining base, representing more than 20% of the world¡¯s capacity. The United States has more than 80% of the capacity in this region. It should be noted that the number of US refineries has fallen from 320 to 135 in 40 years, while total capacity increased.
  • Which countries have the most refining capacity?
  • Western Europe and Turkey, with 17% of the world¡¯s capacity, remains a major refining area, despite the very sharp capacity reductions in the early 1980s. The number of refineries has decreased from 160 to about 100, with a 30% reduction in total capacity. Capacity in Eastern Europe is around 13% of global total.