Africa leads the way in the addition of refinery VDU capacity by 2025
According to GlobalData, Africa is expected to register the highest additions of refinery vacuum distillation units (VDU) capacity globally during 2021 to 2025, contributing approx. 33% of the total additions by 2025.
It is revealed that Africa is expected to add a total VDU capacity of 936kbd (46.8Mnta) by 2025, of which 917Kbd (45.85Mnta) would come from new build refineries, with the remainder from refineries expansion.
in Africa, Nigeria leads new build VDU capacity, accounting for approx. one-half of total additions by 2025 – the planned Lagos I refinery will add 312kbd (15.6Mnta) in 2022. In Egypt, the Mostorod II refinery expansion project is expected to add 19kbd (0.95Mnta) of capacity in 2022.
The second highest contributor to VDU capacity additions is Asia, accounting for approx. 29% of total additions by 2025, in particular the planned Gulei refinery in China with 154kbd (7.7Mnta) expected to become operational in 2022.
Closely followed is the Middle East, contributing an estimated 20% of capacity additions, with Iraq accounting for the majority with 300kbd (15Mnta) expected from five new build and one expansion project by 2025.