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Oil Minister informs President Hadi on negotiations with ARAMCO
[05/08/2017 01:57]
RIYADH-SABA

Minister of Oil and Minerals Saif al-Sharif briefed Saturday President Abdo Rabbu Mansor Hadi on points of negotiations between Yemen's Oil Ministry and Saudi Aramco Company for boosting joint interests and future investments in oil and gas fields.

Minister al-Sharif talked about next steps for re-operating oil sector (S-1) by OMV Austrian Company and on increasing production capacity of Mareb refineries and quick solutions for the purpose.

He noted to the ministry's plan for bringing back foreign investment in oil exploration and production fields.

President Hadi praised efforts of the ministry for re-operating oil sectors as this sector is the significant one in Yemen for generating funds to fulfill the country's commitment and to implement imminent projects to bring conditions in liberated governorates into normal.

President urged the ministry's leadership to quickly implement its plans, especially convincing oil companies to return to the country for resuming activities of oil exploration and production.
He confirmed that these companies will be granted full protection and care.







Presidential Leadership Council reviews national, regional developments
President al-Alimi praises new British support for Yemeni Coast Guard
President al-Alimi praises the Yemeni Orchestra interesting performance
Leadership Council chairman receives Emirati ambassador
President al-Alimi meets with the Parliament headship
President al-Alimi congratulates on Omani National Day
Leadership Council Chairman reviews government procedures to contain repercussions of currency devaluation
President al-Alimi: Strengthening Palestinian position starts with a united Arab stance including deterring terrorist militias
Extraordinary Arab-Islamic summit begins in Riyadh with Leadership Council chairman's participation
President al-Alimi congratulates US President-elect Trump on his win the presidential election

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