As oil firms in China and India continue to boost refining capacity, Japanese companies are looking to slash capacity as a result of declining demand and government regulations requiring higher complexity at domestic refineries. Since 2009, the Asia-Pacific region has added 3.020MM b/d of capacity, although product demand has only risen by 1.415MM b/d. From 2011-2020, an additional 7.180MM b/d of capacity is expected to be built. A majority of this capacity will be focused on conversion (catalytic cracking, coking, and hydrocracking) technologies. As a result, much of the fuel oil pool will be upgraded to middle distillates, creating a surplus of middle and light distillates and a fuel oil shortfall.
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机译：随着中国和印度的石油公司继续提高炼油能力，由于需求下降以及政府法规要求国内炼油厂提高复杂性，日本公司希望削减产能。自2009年以来，尽管产品需求仅增加了1.415MM b / d，但亚太地区的产能增加了3.020MM b / d。从2011年至2020年，预计将增加7.180 MM b / d的产能。这种能力的大部分将集中在转化（催化裂化，焦化和加氢裂化）技术上。结果，大部分燃料油库将升级为中间馏分油，造成中间和轻质馏分油过剩，并导致燃料油短缺。
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