A LEADING BASE OIL SUPPLIER
Established in 1976, Saudi Aramco Base Oil Company - Luberef is one of the world’s leading suppliers of high-quality base oils and the only virgin base oil producer in the Kingdom of Saudi Arabia.
Multi-decade Customer Relationships
Spanning over 40 years, Luberef’s longest standing customer relationships are almost as old as the company itself.
Scale through Aramco Base Oil Alliance
Luberef is one of three members of the Aramco Base Oil Alliance, which together produced 1 in every 8 barrels of base oil globally in 2021.
Highly Efficient Operations
From our two facilities we have an annual production capacity of 1.3m metric tonnes, achieving mechanical availability of 99.7% in 2021.
BASE OIL
Our consistently high-quality base oils, derived from, straight-run residue Arab Light crude oil, allow our customers to benefit from products which meet their needs.
BY-PRODUCTS
The by-products we produce include naphtha, diesel, asphalt, sulfur and Marine Heavy Fuel Oil (MHFO). The asphalt we produce directly contributes to the Kingdom’s infrastructure development.
Development of the downstream industry
LubeHUB Lubricants Value Park is an industrial park project strategically located adjacent to our Yanbu Facility, providing investors with the opportunity to build manufacturing facilities close to us.
It aims to attract a multitude of speciality product producers and operators associated with the base oil industry by enabling easy access from within LubeHUB to Luberef’s base oils and by-products as their feedstock.
In line with the Kingdom’s Vision 2030, LubeHUB aims to attract investors to localize imported products, manufacture ‘Made in Saudi’ products and increase Saudi employment.
OUR COMMITMENT TO SUSTAINABILITY AND ESG
We are committed to fostering environmental excellence by adhering to the highest ESG standards. We are on a journey to create an ESG (Environmental, Social and Governance) framework to support this aim, which assesses our impact on the environment, as well as on the communities that we serve while ensuring the health and safety of our employees.
Latest News
Luberef proudly celebrated the success of its Summer Training Program for 2024, which brought together trainees from seven Saudi universities across various departments.
As part of our ESG responsibility, followed by Luberef's commitment to keep supplying the world with high-quality base oils, #Luberef and KAUST, represented by uODS, have signed a new research agreement on new technology for producing low-sulfur base oils.
Saudi Aramco Base Oil Company - Luberef announced its H1 2024 financial results, reporting total revenue of approximately SAR 4.9 Billion and net income of approximately SAR 538 Million. Net income decreased by 40% compared to the same period in 2023 due to a decline in base oil and by-products crack margins.