Refining capacity may decrease by 21% (18.4 million barrels per day) by 2035

Refining capacity may decrease by 21% (18.4 million barrels per day) by 2035. This was reported by Izvestia with reference to a study by the Implementation company.

Over the past 10 years, the newspaper writes, the majority of closures have occurred in China (30%), Europe (20%) and North America (5%).

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