SAUDI ARABIA - The Lubricants Sector.As part of its industry-wide integration efforts since mid-1993, Saudi Aramco Saudi Aramco, the state-owned national oil company of Saudi Arabia, is the largest oil corporation in the world and the world's largest in terms of proven crude oil reserves and production. now effectively controls the lubricants lubricants preparations for the lubrication of passages to reduce frictional injury, e.g. oily preparations, including petroleum jelly, lanolin or water-soluble preparations such as methyl cellulose. sector in the kingdom. In mid-1996, Saudi Aramco took over Petromin's 71% share in the Petromin Lubricating Oil Co. (Petrolube), with ExxonMobil still holding 29%, and a 70% stake in Petromin Lubricating Oil Refining Co. (Luberef) with ExxonMobil still holding 30%. Set up in 1968, Petrolube has plants in Jeddah, Riyadh and Jubail producing more than 6.5 million barrels/year of various lubricants for gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by , diesel and some light turbine engines, and more than 8 million tons/year of grease grease, mixture of lubricant and thickener. It is used to reduce friction between surfaces from which oils would leak away or cause damage by dripping, or where lubrication must be assured for extended periods. Many greases are mixtures of mineral oil and soap. . The Jubail Lube Oil Blending and Grease Manufacturing Co. is a wholly-owned Saudi Aramco subsidiary located near Sasref. Petrolube has turned its focus on overseas markets, exporting to 33 countries including China, as well as meeting over 60% of Saudi needs. Luberef, set up in 1976, has a lube oil plant at Jeddah and a new one in Yanbu'. Luberef in Jeddah has a capacity of 3 million barrels/year. A number of private and foreign firms distribute lubricants in Saudi Arabia Saudi Arabia (sä  `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. .
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