Middle East oil refining capacity on track to add 618,000 b/d by 2029
Middle East oil refineries are set to add 618,000 b/d of production capacity by 2029, turning the region into a net exporter equal to about 6 million b/d by 2030 and approaching 7 million b/d by 2040, according to an analysis by FGE NexantECA …