UAE’s ADNOC to sell base oil to Indian energy firm

State-owned Abu Dhabi National Oil Company (ADNOC) on Tuesday said it has signed a long-term sales agreement with the Indian Oil Corporation for its high-quality base oil, ADbase.

The agreement follows a recent signing with Xiamen Sinolook Oil Company to supply ADbase into China, the state-owned oil major said in a statement.

ADNOC Refining, an ADNOC subsidiary, produces up to 500,000 metric tons per year of Group III base oil and around 100,000 metric tons per year of Group II base oil, at its Ruwais refinery.

Murban, Abu Dhabi’s light, high paraffinic crude is used as feedstock for ADNOC’s base oil plant, which ensures a consistent, high quality product.

ADbase has a high Viscosity Index making it an ideal lubricant component, ensuring efficiency and fuel economy for high performance engines, while meeting ever stringent environmental regulations.