Saudi Aramco Base Oil Company – Luberef has signed its first Contract of Affreightment (COA) with Bahri, represented by its business unit Bahri Chemicals, marking a strategic milestone aimed at strengthening supply chain efficiency and supporting the growth of the base oil sector in the Kingdom.

This collaboration reflects the shared commitment of both parties to enhancing local supply chains, improving operational efficiency, and unlocking new opportunities for sustainable growth. It also embodies the spirit of cooperation under the “Saudi Inc.” initiative, which encourages strategic partnerships among leading national companies.

This agreement represents a significant step forward in enhancing the efficiency and flexibility of our operations across global markets. We look forward to leveraging this partnership with Bahri Chemicals to deliver sustainable value to our customers and to elevate the Kingdom’s position in the base oil sector.”