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2.6-4.9 million barrels/day oil refining capacity growth by 2028, predominantly in Asia-Pacific and Middle East.
PBF Energy Inc. highlights a transformative period in the global oil refining industry, with capacity expected to grow by 2.6 to 4.9 million barrels per day by 2028, predominantly in the Asia-Pacific and Middle East regions due to rising demand.
In contrast, the Atlantic Basin faces stagnation and competition.
Despite challenges, global refiners invested $71 billion in 2023, signaling ongoing commitment to expansion amidst changing geopolitical and market dynamics.
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2,6-4,9 millones de barriles diarios de petróleo para el crecimiento de la capacidad de refinación en 2028, principalmente en Asia-Pacífico y Oriente Medio.