Indian Oil to set up blending unit in Dubai

Indian Oil plans to set up its own blending plant in the Jebel Ali Free Zone.

The company, which is currently finalising the distributorship of its Servo brand lubricants in the UAE, Oman and Bahrain, will process and blend some of its 400 graded lubricants in Jebel Ali.

"We have a relationship with Emarat for blending lubricants for this market, currently about 1,500 kilolitres," D V Ramana Rao, MD of Indian Oil Middle East FZE, said.

"The company is targeting sales volumes of 10,000 tonne per annum and intends to set up its own blending plant. We have finalised the distributorship of lubricants for UAE, Oman and Bahrain and will sign agreements within the next few weeks," he was quoted as saying in Gulf News.

Indian Oil established a representative office in Dubai in 1998 to market Servo lubricants and pursue business opportunities in engineering, technical consultancy, training and manpower assistance. The demand for lubricants in the Gulf is more than $552 million (Dh2 billion), he said.