SAUDI ARABIA

Luberef to Use Mobil Process 

Mobil Oil has licensed its Mobil Lube Dewaxing catalytic process to the Petromin Lubricating Oil Refining Company (Luberef), the joint venture owned 70% by Saudi Arabia's Petromin and 30% by Mobil which operates a 1.6mn barrel/year lube oil refinery at Jiddah. Luberef has recently awarded a letter of intent for the construction of a new 1.5mn barrel/year lube oil refinery at Yanbu', which is scheduled for completion in 1988 (MEES, 11...