Oil refining in Saudi Arabia: emitters, CO2 & carbon value

6 tracked facilities, ≈21,016,763 t CO2/yr combined — here are the largest, what that CO2 is worth at current prices, and the sector's reduction pathway. Full sector pathway: decarbonizing oil refining.

The numbers

Oil refining in Saudi Arabia at a glance

Metric	Value	Note
Facilities tracked	6	with CO2 estimates
Total est. CO2	21,016,763 t/yr	Climate TRACE 2023
Average per facility	3,502,794 t/yr
Gross value (full price)	€1,682M/yr	all tracked CO2 × €80.01/t EUA — before free allocation / EU-bound share

Carbon pricing here: No carbon price (voluntary GCOM credit market only). Vision 2030 industrial push. Current benchmark: no liquid market price. Full country page: carbon price in Saudi Arabia.

Largest emitters

Top 6 oil refining CO2 emitters in Saudi Arabia

#	Facility	Owner	t CO2/yr (est. 2023)	Indicative value
1	Saudi Aramco Ras Tanura Refinery	Saudi Arabian Oil Co	5,770,054	€461.7M
2	SATORP Saudi Aramco Total Jubail Refinery	TotalEnergies SE	4,825,863	€386.1M
3	YASREF Yanbu Refinery	China Petrochemical Corp	3,444,326	€275.6M
4	Saudi Aramco SASREF Jubail Refinery	Saudi Arabian Oil Co	3,199,757	€256.0M
5	Saudi Aramco Yanbu Refinery	Saudi Arabian Oil Co	2,412,932	€193.1M
6	Saudi Aramco Riyadh Refinery	Saudi Arabian Oil Co	1,363,831	€109.1M

Climate TRACE satellite estimates via IndustryAtlas — modelled, not verified; some entries aggregate clusters. Corrections welcome.

⬇ This table (CSV)🖨 PDF for management

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Same industry, other countries

Oil refining in United States

186,505,868 t CO2/yr

Oil refining in China

128,888,870 t CO2/yr

Oil refining in India

70,283,893 t CO2/yr

Oil refining in Russian Federation

59,137,040 t CO2/yr

Oil refining in South Korea

32,445,787 t CO2/yr

Other industries in Saudi Arabia

Oil & gas production in Saudi Arabia

201,877,662 t CO2/yr

Cement in Saudi Arabia

28,101,351 t CO2/yr

Petrochemicals (steam cracking) in Saudi Arabia

24,328,333 t CO2/yr

Iron & steel in Saudi Arabia

7,093,690 t CO2/yr

FAQ

Questions

How many oil refining facilities does Saudi Arabia have with tracked emissions?

6 facilities carry satellite-based CO2 estimates in our dataset (Climate TRACE 2023), totalling ≈21,016,763 t CO2/yr.

What is the largest oil refining emitter in Saudi Arabia?

Saudi Aramco Ras Tanura Refinery — ≈5,770,054 t CO2/yr (est. 2023). Estimates are modelled, not verified declarations.

What would this CO2 cost at the EU price?

The gross full-price value is ≈€1,682M/yr (all tracked CO2 × €80.01/t EUA). Actual EU ETS cost is lower — free allocation still covers most industrial emissions, phasing out 2026→2034.

How this page is built: heat-loss figures follow ASTM C680 / ISO 12241 (the method behind our public calculators); facility emissions from Climate TRACE & EU ETS verified data across 30,000+ industrial sites; the 2026–2034 schedule is Regulation (EU) 2023/956, not a forecast. Published by Inzonex Research. Spotted an error? Tell us — we correct on evidence.