15 Countries With The Largest Refining Capacity

6. Japan

Refining Capacity: 3.28 mb/d

Japan is the sixth–largest refiner in the world, as of 2021, with a total refining capacity of 3.28 million barrels per day. The country‘s refining sector is highly developed and contributes significantly to the economy. In recent years, Japan has been modernizing its refining sector in order to meet the changing needs of the global market. Japan is well–positioned to meet the demands of the global market and maintain its position as a major player in the refining sector.

5. South Korea

Refining Capacity: 3.57 mb/d

South Korea is one of the countries with the largest refining capacity. The country is home to some of the world‘s largest refineries, with a combined refining capacity of nearly 3.6 million barrels of oil per day, as of 2021. In addition to its refining capacity, South Korea is also a major producer of petrochemicals. The country produces a wide range of petrochemicals, from fuel oils to lubricants, and is home to several petrochemical companies.