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UAE: ADNOC Raises The Price of Lubricants

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Monday, 23 June 2008
Abu Dhabi's oil product retailer, Adnoc Distribution, raised prices of lubricants last week, but kept prices of fuel, diesel and cooking fuel - liquefied petroleum gas - unchanged for the time being, despite the widening gap in domestic fuel prices and the prices of crude oil in the international market.

The price of  engine oil grades were increased 16.66 per cent to 33.33 per cent depending on the brand and the pack. A four-litre pack of Adnoc Image now costs Dh125 as compared with Dh105 earlier, while the price for a one-litre pack of the same grade and brand costs Dh35, up from Dh30. The price for a litre of Adnoc Pearl rose 33.33 per to Dh20. The prices of diesel engine oil grades, automotive gear oils, transmission fluids, four-stroke engine oils, industrial oils, coolants, brake fluids, distilled water and greases were raised as well.

However, there is no change in the prices of Adnoc Global Ultra engine oil and 2T -2 Stroke low smoke engine oil, Adnoc Distribution said in the new list of lubricants selling price to pumps. Adnoc Distribution, a subsidiary of Abu Dhabi National Oil Company (Adnoc), is responsible for distribution, storage and transportation of refined products in the emirate.

Refilling an LPG cylinder now costs Dh20. For a new LPG connection, the customer now has to pay Dh200 towards installation charges, which includes the price for a fully-filled LPG cylinder. The installation fee was increased to Dh200 from Dh120, effective from June 1, Adnoc staff said.

PetrolWorld 200608 

 
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