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Introduction & Mission

LEBNEFT FZ LLC is an active privately owned oil trading company. Lebneft enjoys distinctive relationships with the Middle East, Europe and the US. Lebneft reliability is built on 16 years- experience of its management within a dynamic unpredictable market.

Lebneft is aware of the absolute need for oil trade to the economy. In fact, there is more trade internationally in oil than in anything else in terms of volume, value and carrying capacity.

Lebneft’s mission is to continuously detect the regional market needs, whether over or under supplied in order to accommodate the required flow irrespective of the complexity of the infrastructure. Lebneft’s mission is also to assist governments assessing patterns of international trade for a better optimization of their needs. Lebneft’s concern is to help and guide in the estimation process related to “needed tankers on what routes”.   Furthermore, Lebneft’s purpose is to play a determinant role in the transportation and storage scheme starting with the importers and the exporters, followed by the producers and refiners, the refiners and marketers, and finally, the marketers and consumers, while following the letter of the law.


Ownership & Location

Lebneft is privately owned by its founding shareholder Mr. Tony A. Saad. 

Lebneft is based in the UAE – Ras el-Khaimah.