Al Yusr Establishment BVI — Oil, Refinery Products & Commodity Trading

Corporate Profile & Heritage

Al Yusr Establishment was first incorporated in Amman, Jordan in 1999. In 2021, Al Yusr Establishment BVI was incorporated in the British Virgin Islands to enable more effective global transactions, extending the company's oil, refined-products, and commodity trading network into Asian markets.

1999

Al Yusr Establishment founded in Amman, Jordan

2006 – 2009

Regional Petroleum Products — refinery and bitumen development

As Managing Partner, led bitumen business development for Regional Petroleum Products, a Saudi Aramco–listed off-taker, following its purchase of a 20,000 BPD oil refinery in Riyadh — including feasibility studies, refinery dismantling, UOP technology transfer, financing coordination with Apicorp, and a crude supply / product off-take arrangement with Vitol.

2012 – 2015

First local supplier of Cytec specialty chemicals to Maaden

Facilitated the registration of Cytec Industries (now part of Solvay) with Maaden Alumina and Maaden Phosphate in Saudi Arabia, becoming the first local company to supply specialty industrial chemicals to both.

Nov 2021 – Present

Al Yusr Establishment BVI — ownership, Iraq consultancy, and active trade

Incorporated in the British Virgin Islands as a registered off-taker with Vitol. Eng. Moayad Awad assumed the role of Owner & Managing Partner, delivering business consultation on a confidential oil refinery project in Iraq — including a feasibility study with Ernst & Young, financing and debt structuring with a regional sovereign fund and the Apicorp-TAEF fund, and technology liaison with UOP Honeywell. In parallel, the company remains actively engaged with Asian buyers, with recent negotiations for 10,000 MT of Fuel Oil and 10,000 MT of GTL out of Fujairah and Hamriyah ports, UAE, and continues to oversee energy and renewable energy projects across the MENA region.

Strategic Partnerships

Tier-1 relationships, built over decades

Registered off-taker with Vitol, the world's largest private physical holder of oil and refined products.

Relationship with a key regional oil refinery.

Longstanding specialty chemicals partnership, since Cytec Industries.

First local supplier of specialty chemicals to Maaden Alumina and Maaden Phosphate.

Long transactional history, rooted in leadership's 14-year P&G career.

Established distribution and trading relationship.

Core Operations

Three pillars of the business

Oil & Refined Products Trading

Registered off-taker with Vitol, trading across Iraq, Saudi Arabia, and the UAE, with active engagement of Asian buyers. Recent negotiations covered 10,000 MT of Fuel Oil and 10,000 MT of GTL out of Fujairah and Hamriyah ports.

Fuel Oil GTL Fujairah / Hamriyah

Bulk Commodity Trading

Completed transactions covering millions of tons of Sodium Tri-poly Phosphate, Sodium Sulfate, and Limestone, alongside specialty chemical supply to Maaden Alumina and Maaden Phosphate.

STPP Sodium Sulfate Limestone

Project Management & Expansion

Refinery development and dismantling, UOP technology transfer, and financing coordination with Apicorp on a 20,000 BPD Saudi Aramco refinery asset, plus ongoing energy and renewable energy project oversight across MENA.

UOP Transfer Apicorp Financing Renewables

Projects

Flagship track record

Select a project to view details.

Regional Petroleum Products acquired a Saudi Aramco 20,000 BPD refinery in Riyadh. Work included technical, marketing, and economic feasibility studies, refinery dismantling, UOP technology transfer, Apicorp financing coordination, and a Vitol crude supply / off-take arrangement.

Leadership of a multinational team delivering a greenfield plant start-up in Dubai's Jebel Ali Free Zone, covering organization design, project scheduling and budgeting, procurement, commissioning, and production trials.

Facilitated registration of Cytec (now Solvay) with Maaden Alumina and Maaden Phosphate, becoming the first local company to supply specialty industrial chemicals to both operations.

Al Yusr Establishment BVI negotiated 10,000 MT of Fuel Oil and 10,000 MT of GTL with Asian buyers, loading out of Fujairah and Hamriyah ports in the UAE.

Reach out to us

For trading inquiries, chemical supply frameworks, or project management consultation, reach us directly.

moayad@alyusrest.com