Russia To Boost Refining Capacity Growth In Former Soviet Union To 2022, Says Globaldata

摘要

The company's report 'Refining Industry Outlook in Former Soviet Union to 2022' states that in 2018, Former Soviet Union will account for 8.3% of the total global refining capacity. The total refining capacity in the region is expected to increase from 8.8 million barrels per day (mmbd) in 2018 to 9.6 mmbd in 2022. Former Soviet Union is expected to have an estimated capital expenditure (capex) of US$16.3bn on new build projects, of which, around 59% will be spent by Russia and the remaining will be spent by the other major countries in the region, during the outlook period.