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Latest Analysis / East of Suez Oil Service

Energy Advisory #449 - Asia Pacific Refining Outlook, Key Trends to Watch

Published: 14 April, 2022


  • 'Golden age of refining’ is here! Capacity additions needed to meet oil demand growth in Asia
  • China will dominate Asia’s refining additions in 2022
  • Outside China, no mega refinery projects are well-positioned to materialize post-2025
  • There is still room for refining investments in Asia
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