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Luberef to double output to 1 million tonnes by 2015
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Monday, 05 Nov 2012

The Board of Directors of Saudi Aramco Lubricating Oil Refining Company approved recently the Luberef Management's recommendation to award the main design, procurement and construction contracts related to Luberef 's expansion project in the Industrial City of Yanbu to Samsung Engineering of South Korea.

Mr Ali Al Hazmi president of Luberef signed the awarding contracts with Samsung at Saudi Aramco's headquarters in Dhahran in the presence of Mr Mu'tassem Al Ma'shooq chairman of Luberef and a number of its Board members.

The expansion project will enhance Luberef's capabilities to expand into the production of 2nd generation high quality base oils at Luberef 's refinery in the Industrial City of Yanbu. The project is scheduled to start commercial production in the Q4 of 2015 enabling Luberef to double its total production in both Jiddah and Yanbu from 600,000 to 1.2 million tonnes.

Mr Al Ma'shooq said that "The Yanbu' Refinery expansion project will greatly help meet the local market's requirements as well as provide Gulf and global markets with high quality base oils. This will undoubtedly enhance the Kingdom's leading role and guarantee its top ranking position in supplying energy markets with their various needs."

Source - The Saudi Gazette


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