Capacity of oil refineries in Canada 2004-2018
The statistic illustrates the average daily oil refinery capacity of Canada from 2004 to 2018. In 2018, oil refinery capacity reached some 2.03 million barrels per day. In recent years, the Alberta oil sands were accounted for in the proven oil reserves under the Alberta Energy and Utilities Board (now known as the Energy Resources Conservation Board).
Oil refineries in Canada
The total oil refinery capacity in Canada reached an average of almost 2 million barrels per day in 2017. Comparatively, the United States had the largest oil refinery capacity during this year, totaling 18.6 million barrels per day. In Alberta, Canada, many are divided on the issue of the industry adding a large-scale greenfield oil refinery for the oil sands. Supporters argue that it would keep Canada’s oil wealth in Alberta, while critics claim that the endeavor would not be economically beneficial. Instead, others have debated the benefits of adding refining capacity to the eastern provinces.
As of 2017, there were 15 refineries in Canada, which are operated across most of the Canadian provinces. Manitoba and Prince Edward Island as well as the territories did not have any refining capacity. Daily oil refinery throughputs in Canada have decreased from 1.96 million barrels per day in 2004 to about 1.73 million barrels per day in 2014. Imperial Oil, Shell, and PetroCanada are the only companies that operate more than one refinery while marketing products on a national-scale. Canada is a net exporter of refined petroleum products and crude oil, exporting primarily to the United States. Canada exported 3.91 million barrels of oil per day in 2016, making it one of the largest oil exporters in the world.
Oil refineries in Canada
The total oil refinery capacity in Canada reached an average of almost 2 million barrels per day in 2017. Comparatively, the United States had the largest oil refinery capacity during this year, totaling 18.6 million barrels per day. In Alberta, Canada, many are divided on the issue of the industry adding a large-scale greenfield oil refinery for the oil sands. Supporters argue that it would keep Canada’s oil wealth in Alberta, while critics claim that the endeavor would not be economically beneficial. Instead, others have debated the benefits of adding refining capacity to the eastern provinces.
As of 2017, there were 15 refineries in Canada, which are operated across most of the Canadian provinces. Manitoba and Prince Edward Island as well as the territories did not have any refining capacity. Daily oil refinery throughputs in Canada have decreased from 1.96 million barrels per day in 2004 to about 1.73 million barrels per day in 2014. Imperial Oil, Shell, and PetroCanada are the only companies that operate more than one refinery while marketing products on a national-scale. Canada is a net exporter of refined petroleum products and crude oil, exporting primarily to the United States. Canada exported 3.91 million barrels of oil per day in 2016, making it one of the largest oil exporters in the world.
