Bahri Chemicals partners with Luberef to advance base oils

Bahri Chemicals, a subsidiary of logistics and transportation company Bahri, has signed a Contract of Affreightment (COA) with Luberef to strengthen Saudi Arabia’s base oil and petrochemicals sectors

Under the agreement, Bahri Chemicals will transport base oil produced in the kingdom from local ports to destinations across the Arabian Gulf and the west coast of India.

The strategic partnership will unlock synergies between the two companies, reflecting their shared commitment to advancing Saudi Arabia’s base oils sector, while also serving as an example of collaboration under the Saudi Inc. initiative, which strengthens partnerships and growth among Saudi companies.

Faisal Al Husseini, president of Bahri Chemicals, said, “This agreement with Luberef builds on our long-standing collaboration and reflects Bahri Chemicals’ commitment to delivering reliable, flexible, and customer-first maritime transportation solutions. Together with Luberef, we aim to create long-term value for our customers and contribute to the Kingdom’s economy.”

Eng. Samer A. Al-Hokail, President & CEO of Luberef, added, “This agreement represents another important step in our partnership with Bahri Chemicals toward enhancing the efficiency and resilience of our operations across international markets. We look forward to further strengthening our cooperation to deliver sustainable value to customers and to advance the Kingdom’s standing in the base oil sector.”

Luberef is one of the world’s leading suppliers of high-quality base oils, serving markets in Saudi Arabia and India, in addition to various markets across the Middle East and North Africa.

Bahri Chemicals is one of the largest owners and operators of chemical tankers in the Middle East, currently operating a fleet of 50 vessels, through which it provides maritime transportation services to a global customer base in the chemicals, clean petroleum products, and vegetable oils sectors.