The invention relates to a special micro-lubricant for an oil-water-gas-phase micro-lubricating system. The lubricant is characterized by comprising an oiling agent A and water aqua B, wherein the oiling agent A is prepared from the following components in percentage by weight: 40-60% of polyricinoleate, 30-50% of low viscosity synthetic ester, 2-5% of phosphate and 2-5% of ethanolamine borate; the water aqua B is prepared from the following components in percentage by weight: 95-98% of water, 0.5-2% of molybdate, 0.5-2% of phosphate, 0.5-1% of lower alcohol and 0.01-0.05% of benzotriazole or derivatives. The special micro-lubricant for the oil-water-gas-phase micro-lubricating system, which is disclosed by the invention, is matched with a micro-lubricating device in use, so that the use level of a cutting liquid is saved by over 95%.