Through our network of domestic wholly-owned refineries and our joint venture refineries with international partners, we produce critical feedstock for industry and the essential fuels that meet the needs of productive communities around the world.
Our downstream refining business is an engine of growth, and has been since our earliest days. We began refining operations at our original Ras Tanura refinery in 1941. Today, we produce a full slate of quality fuels and lubricants that meet or exceed international quality standards.
Our principle refined products include: LPG, naphtha, gasoline, jet fuel/kerosene, diesel, fuel oil, and asphalt. Our wholly-owned and joint venture refineries are calibrated to use our crude oil grades. This gives us dedicated outlets for our crude oil. It also helps us improve costs, operational efficiencies, and delivery of refined our refined products to the downstream markets we serve.
We own and operate three domestic refineries, with a forth under construction, to supply gasoline, diesel and other products to local customers and consumers. In addition, we participate in five refineries with international partners in the Kingdom, four of which have integrated chemicals manufacturing capability.
Internationally, we are represented in the three major global energy markets of Asia, North America and Europe.