Germany, Italy and Spain Together Contribute More Than 35% to Refining Capacity in Europe, Says GlobalData

Posted by OilVoice Press - OilVoice


Germany, Italy and Spain are the major contributors in the European crude oil refining industry, as the three countries together account for more than 35% of the active refining capacity among all the countries in the region, according to GlobalData, a leading data and analytics company.

The company's report: ‘Refining Industry Outlook in Europe to 2022' states that in 2017, Europe accounted for 14.1% of the total global refining capacity. Germany, Italy, Spain, UK and the Netherlands are the key countries in Europe, accounting for over 55.1% of the total refining capacity in the region.

In Europe, Germany has the highest active refining capacity of 2,136 thousand barrels per day (mbd) in 2017. The Rheinland refinery has the highest active refining capacity of 325 mbd. Shell Exploration und Produktion Deutschland GmbH is the operator of the refinery. Karlsruhe and Gelsenkirchen follow with refining capacities of 310 mbd and 265 mbd, respectively.


IMAGE FOR PUBLICATION: Please click here for enlarged chart

Soorya Tejomoortula, Oil & Gas Analyst at GlobalData, explains: “Despite negligible domestic crude oil production, Germany has the largest refining capacity in Europe. The country heavily relies on crude oil imports from Former Soviet Union and North Sea for refining. Germany's refining industry currently is at cross roads due to increasing competition from Russian and Asian refiners and stiffening environmental regulations.”

GlobalData identifies Italy as the second highest country in Europe with active refinery capacity of 1,653 mbd in 2017. Melili refinery, a cracking type refinery operated by Lukoil Oil Co, has the highest active refining capacity in the country with 320 mbd. Sarroch and Sannazzaro de Burgondi follow with capacities of 300 mbd and 200 mbd, respectively. 

Tejomoortula adds: “Like Germany, Italy's crude production is negligible when compared to consumption. The country mainly depends on imported crude for refining. Italian refiners are also facing stiff competition from international companies and toughening regulatory environment.”

Spain is the region's third highest country in terms of active refinery capacity. The country has a total active refinery capacity of 1,542 mbd from 10 refineries in 2017. Gibraltar-San Roque, operated by Compania Espanola de Petroleos SAU, has the highest active capacity of 241 mbd. Cartagena and Bilbao refineries follow with 220 mbd each.

Albania is the only country in Europe that has a planned refinery called Albania Petrosonic during the outlook period 2018 to 2022. It is expected to start operations in 2018 with capacity of 3 mbd. An estimated capex of $0.1bn is expected to be spent on this upgrader during the outlook period.

Information based on GlobalData's report: Refining Industry Outlook in Europe to 2022 – Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Refineries

New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

GlobalDataRefineryRefining CapacityeuropeGermanyItalySpainCrude oil

More items from oilvoice

Cyber Security Experts Unite to Protect Europe’s Critical Industries

CS4CA Summit Returns to London this October Staying abreast of fast-paced industry developments is crucial for cyber security professionals. And while one can learn a lot from publications and social media, it's hard to beat the value of insights gained first-hand from peers. This is why 150+ IT ...

OilVoice Press - OilVoice

Posted 9 months agoPress > cybereurope

Africa E&P Summit

The organisers of the Africa E&P Summit are bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending frontier's event that they are organising and hosting in London at the IET: Savoy Place, 22-23 May. Over 200 key senior exec ...

OilVoice Press - OilVoice

Posted 1 year agoPress > Africasummitoil summit +2

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice

Posted 1 year agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice

Posted 1 year agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice

Posted 1 year agoPress > CNOOCChina National Offshore Oil CorporationChevron +11
All posts from oilvoice