Saudi Aramco, the global energy giant, announced on Sunday a new step to diversify its energy products in the local market, revealing the launch of "98 octane gasoline," designed for high-performance vehicles. The company explained that this new product will be available to consumers this January, as part of its strategy to offer multiple fuel options to meet the growing needs of the market. Aramco emphasized that this launch will not affect the availability or prices of its existing products (91 and 95 octane gasoline).
Geographical deployment plan and targeted areas
According to the statement, Aramco has decided to implement the new product rollout in carefully planned phases. The first phase will cover major cities with high concentrations of luxury and sports car users: Riyadh, Jeddah, and the Dammam metropolitan area, as well as service stations along the highways connecting these cities. This geographical focus is based on market studies that have shown a concentration of vehicles requiring this type of high-quality fuel in these areas. Future expansion to other cities will be considered based on supply and demand indicators.
What is 98 octane gasoline and why is it important?
The introduction of "98 octane gasoline" is a natural response to the significant growth in the Saudi Arabian automotive market, where the number of sports cars and luxury vehicles powered by high-compression engines has increased. This type of fuel is characterized by its high octane rating, which means greater resistance to premature combustion (or "knocking" in the engine), a vital factor in maintaining the efficiency of sports engines and ensuring they operate at maximum power without damaging their delicate mechanical components.
Enhancing choices for consumers and the national economy
This move is part of Aramco’s ongoing commitment to developing the Kingdom’s retail and fuel services sector in line with global standards. Providing high-quality fuels like 98-octane gasoline not only benefits sports car owners but also enhances the Kingdom’s position as an attractive environment for the latest global car models that require precise fuel specifications. This approach also reflects the company’s commitment to diversifying its product portfolio to include all consumer segments, from economy cars to supercars.
Pricing and monitoring mechanism
Regarding the financial aspect, the company clarified that the price of "98 octane gasoline" will be listed and updated on the retail fuel sales page of its official website, coinciding with the product's market launch. Aramco confirmed that the price will be subject to periodic review in accordance with the Kingdom's established procedures for governing energy and water product pricing adjustments, ensuring transparency and clarity for consumers.
