NO. 38


Saudi Arabia

Luberef Produces 1.6mn Barrels of Base Oils in 1991

The Petromin Lubricating Oil Refining Company (Luberef) - owned 70% by SaudiArabia's Petromin and 30% by Mobil Oil - in 1991 produced 1.619mn barrels ofbase oils from its Jiddah plant, according to the company's 1991 AnnualReport. However Luberef had to import about 25% more base oils to meet its totaldomestic sales of 2.017mn barrels in the Kingdom. The Jiddah plant went onstream in 1978 with an...