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2026/09/02
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Latest News:
Planning Minister Discusses Strengthening Bilateral Cooperation with U.S. Embassy Chargé d’Affaires
Tareq Saleh Discusses Latest Developments in Yemen, Region with French Ambassador
Minister Noman Witnesses Saudi-Yemeni Education Cooperation Agreement
Yemen Joins Arab Economic Council Preparatory Meeting
Minister Al-Sharjabi Stresses Importance of Proactive Action to Reduce Disaster Risks in Yemen
Prime Minister directs facing oil crisis in Aden
[11/08/2017 12:16]
ADEN-SABA
Prime Minister Ahmad Obeid bin Daghr issued directives to ministries of oil and of finance on facing oil derivatives' crisis here and setting up practical mechanism to stop its repetition.
In an emergency meeting presided over by Prime Minister bin Daghr Thursday evening, they approved buying 15000 tons of petrol and importing them imminently no later than Saturday.
He directed the Tender Committee to meet on Friday morning for announcing the tender by Yemeni Riyal for buying this quantity of petrol and the Yemeni Oil Company, Aden branch is to pay for the shipment.
To avoid such crises in the future, he issued directives to the tender committee for holding its meetings regularly for buying additional quantities to guarantee provision of reserve of oil derivatives for months to come.
Key words:
- derivatives' - derivatives - SABA Prime - ministries - quantities - additional - announcing - repetition - imminently -
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