Oil Ministry announces success of first oil export operation

Yemen looks for robust Chinese partnership in Transport—Minister insists

Minister of Transport Dr. Abdel Salam Humayd asserted that the Yemeni government is eagerly seeking to establish a strategic Yemeni-Chinese cooperation and partnership in the transport businesses.

BRUSSELS: European Parliament Urges Lifting Schengen Land Border Controls for Bulgaria, Romania

The European Parliament (EP) on Wednesday called for lifting Schengen land border controls for Bulgaria and Romania by the end of 2024. Air and sea border controls were scrapped on March 31, 2024.

Chinese car sales surges 26.4 percent in the first quarter of 2024

Sales of passenger cars of Chinese brands increased by 26.4 percent year-on-year in the first quarter of 2024 as some 3.39 million vehicles were sold during the mentioned period.

Spain reaches the final of the European Nations League and sets a date with Croatia

The Spanish national team reached the final match of the European Nations League, after defeating Italy with two goals to one in the semi-finals of the tournament, to set a date in the final match with the Croatian national team, which succeeded in reaching the same role by defeating the Netherlands.

Last Update: ، 2024/04/25 Time 12:23:20
Latest News:

Defense Minister meets with Acting-Chinese Ambassador in Aden

Tarmoum, Chinese Chargé d'Affaires promoting cooperation in the telecom sector

Two children injured by Houthi landmine in southeastern Yemen's Shabwa

Cabinet looks at various issues on its agenda

Al-Bahsani inspects combat preparedness of military units in Hadhramaut coast

Oil Ministry announces success of first oil export operation

[31/07/2018 08:34]

ADEN-SABA
The Ministry of Oil and Minerals announced the successful export of the first crude oil shipment through the port of Rezum oil terminal, in Shabwa province, on July 28.

A ministerial statement said the shipment was exported after the resuming production in block S2 in the area of Aqla in Shabwa, as per the directives of President Abd-Rabbu Mansour Hadi.

The statement said 500,000 barrels of crude oil had been exported after marketing the shipment globally; 35 international companies participated in the international tender that was announced and the shipment was awarded to a Chinese petroleum companyas per the price quotes from crude oil Brent bourse.

The statement pointed out that the province of Shabwa will receive the proportion of 20 percent of revenues from the sales of crude oil produced from the province, as will all source provinces of oil outputs.

The statement said that the ministry will continue its efforts to re-activate the remaining oil blocks in the provinces of Hadramout, Marib and Shabwa in the framework of its contribution to the normalization of life in the liberated provinces.