Yasref Overview

The Yanbu Aramco Sinopec Refining Company (YASREF) Ltd., a joint venture between Saudi Aramco and China Petrochemical Corporation (Sinopec), is a world-class, full-conversion refinery that covers about 5.2 million square meters in the Yanbu Industrial City, and is the key anchor project in Yanbu.

YASREF uses 400,000 barrels per day (bpd) of Arabian heavy crude oil to produce premium transportation fuels,

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Message from the President

An honor to be part of the YASREF family and this world class full-conversion refinery that is now a global refining landmark. It has been a long journey for our employees and contractors who have worked tirelessly to build this truly remarkable company. Our collective work is paying off for our employees, shareholders, the community of Yanbu and the Kingdom of Saudi Arabia.

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Mohammad N. Al-Naghash
(President & CEO)

Vision

Our Vision is: By 2020 Yasref will be among the most recognized pacesetter enterprises in the world.

Mission

Our Mission is: to deliver a commitment of excellence to our shareholders by:
  • Producing highest margin premium fuels.
  • Operating with least costs and excelling in performance, reliability, safety, and environmental compliance.
  • Developing and empowering staff, and continuing the tradition of social responsibility as neighbor and business in Yanbu.

Board & Leadership Team

Board of Directors

Leadership & Management Team

Organizational Chart

 
Board of Directors
Compensation Committee
Audit Committee
Board of Directors
 
Compensation Committee
Audit Committee
 

Shareholders

Founded in 1933, Saudi Aramco has long served as the engine of the Saudi economy, producing the oil that fuels the world. Today, the region’s largest company continues to expand, making enormous contributions to Saudi Arabia’s prosperity.

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China Petroleum & Chemical Corporation (Sinopec Group) is one of the largest and major suppliers of energy and petrochemical products in China. It has integrated upstream, midstream and downstream operations strong oil & petrochemical core businesses and a complete marketing network.

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