Canada's increase of crude oil input refineries in 2017.
The 2017 growth of crude oil input to refineries has been driven by Asia – China, India, and South Korea to a lesser extent – and North America, where crude oil production was on the rise.
Crude oil consumption by refineries slightly increase in Europe, with significant rises in the Czech Republic, Italy, Norway and Turkey, but remained stable in Russia.
Reflecting the willingness of Middle Eastern countries to refine crude oil locally, refinery inputs continued to increase for the fifth year in a row in the region, especially in Saudi Arabia and in Iran.
Conversely, lower crude oil production in Mexico and Venezuela reduced refinery inputs in these countries, and they also continued to decline in Brazil.
In addition, higher demand from the petrochemical sector contributed to raise global oil consumption, especially in China and in the United States, where shale oil is very competitive.
Based on its 2017 data for G20 countries, Enerdata analyses the trends in the world energy markets.Download the publication
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According to US-based project company Cheniere Energy, the first commissioning cargo of LNG has loaded and departed from its US$15bn Corpus Christi liquefaction and export terminal project in Texas (United States). This marks the first export of LNG from the state and as well from a greenfield export project in the Lower 48 states.
According to the Russian independent gas producer Novatek, its joint venture (JV) Yamal LNG has reached full capacity at the plant’s three LNG liquefaction trains. The three 5.5 Mt/year liquefaction trains of the Yamal LNG project are now operational with a total combined nameplate capacity of 16.5 Mt/year.
The European Commission has adopted a decision imposing transmission system operator (TSO) TenneT to increase the electricity trading capacity between Western Denmark and Germany and to ensure a specific guaranteed capacity available at all times. This announcement ends the formal investigation opened in March 2018 to check whether TenneT infringed EU antitrust rules by systematically limiting southward capacity at the power interconnection between the two countries.
Polish coking coal producer JSW (Jastrzębska Spółka Węglowa) has unveiled plans to increase its output by 2.5 Mt/year to 3 Mt/year through acquisitions. Its 2030 production target has been set at 18 Mt/year, much above the current 14.8 Mt/year (including all types of coal). However, the share of thermal coal in its production will dwindle from the current 25% to 10%. The group will focus on coking coal, betting on the rising needs of the European steel industry.