Rapid increase of Refrigeration and Air conditioning system in modem industries brings attention to the urgency of core technology development in the area. This paper presents theoretical investigation of the lubrication characteristics of rotary compressor for refrigeration and air conditioning. In order to analyze the lubrication characteristics of the main & sub bearing of rotary compressor, the bearing force and locus of shaft center are analyzed by the dynamic analysis of rotary compressor and numerical analysis of Reynolds equation as the operating condition is changed in various ways. In this paper, we used the Runge-Kutta method for the dynamic analysis of rotary compressor and the SOR (Successive OverRelaxation) method for the numerical analysis of Reynolds equation. The result shows that the operating condition of sub bearing is severer than that of main bearing, and eccentricity ratio grows as the bearing force increases. It is believed that the result can be applied to the design of alternative refrigerant rotary compressor.