Al-Mahrami: Gas, oil derivatives delivery mechanism should be constantly monitored
The Member of the Presidential Leadership Council (PLC) Abdul-Rahman al-Mahrami underlined the importance of the monitoring over the mechanism of the oil derivatives and gas delivery.
Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression
The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.
Korea's exports shrinks 2.2 percent
South Korea's exports decreased by 2.2 percent year-on-year in the first 20 days of July.
Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense
Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.
User Name: Password:
PM holds meeting with managements of YGC, Safer Oil Co.
[07/11/2018 04:16]

ADEN-SABA
Prime Minister Dr Ma'een Abdulmalik held a meeting Wednesday brought together the managements of the Yemeni Gas Company (YGC) and Safer Oil Company. The Minister of Oil and Mineral, Chairman and Members of the Economic Committee and Governor of Yemeni Central were also in attendance.

The session aimed to explore increasing oil and gas production as key source for the state's budget financial revenues of foreign currency.

The Prime Minister said" Government is intended to work on increasing oil and gas production which make up 70% of the state general budget's sources and 65% of the total amount of the country's exports".

Dr Ma'een added" President Abd Rabbu Mansour Hadi ordered to resume operating and developing oil sector given that it is a backbone of national economy".

For his part, Chief Executive of YGC Anwar Salim provided a detailed report about the Co. operation over the past couple of years, citing efforts to secure cooking gas supplies to the population all over the country including militia-controlled provinces.

Anwar reported that the Co. has worked hard to cope with the burdens created by Houthi militia and the militia's attempt to take control over the Co. He stated that the militia took control over the gas portion produced from Safer which counted 75 Gas Trailers per day." The militia gave six thousands new licenses of gas trailers and 220 new gas stations, replaced former agents with new ones loyal to the militia", said Anwar.

He stated that the YGC distributes the provinces' portion of cooking gas on the basis of total population of every province, taking into account the movement of Internally Displaced Persons.


Al-Mahrami: Gas, oil derivatives delivery mechanism should be constantly monitored
Al-Soqatri, Badhib discusses with IFAD, FAO rural livelihood project
Minister of Local Administration discusses support for development efforts with UNDP
Deputy FM, Kuwait Ambassador Discuss Bilateral Relations and Regional Issues
Leadership Council Chairman leaves Aden to Engage in Consultations with Regional and International Partners
Central Bank Revokes Licenses of 13 Exchange Companies for Violations
Education process must be resumed, teachers' demands addressed Al-Mahrami stressed
Shammar discusses enhancing bilateral relations with Bulgarian Official
UNESCO Team Discusses Water Sector Support in Aden with Local Official
Cabinet discusses updates on economic, service conditions

About Saba News Agency | Usage Agreement | Contact Us