Oil Ministry announces success of first oil export operation

Leadership Council's Member al-Zubaidi inspects works on solar energy project in Shabwa

The Member of the Presidential Leadership Council (PLC) Maj. General Aidarous al-Zubaidi paid today, Wednesday, an inspection visit to the site of the project of the solar energy station.

Death toll in Gaza Strip has risen to 48,515, and injuries has risen to 111,941

The death toll in the Gaza Strip has risen to 48,515, and the number of injuries has risen to 111,941, the majority of whom are children and women, since the start of the Israeli occupation's genocidal war on October 7, 2023.

QCB's foreign exchange reserves rise 3.81 percent

The Qatar Central Bank's (QCB) international reserves and foreign currency liquidity increased by 3.81 percent in February to 255.916 billion riyals, compared to 246.509 billion riyals in the same month last year.

Saudi Arabia's Al-Taawoun qualifies for AFC Champions League semi-finals at expense of Iran's Tractor S.

Saudi Arabia's Al-Taawoun qualified for the AFC Champions League semi-finals after defeating Iran's Tractor S. 4-2 on penalties, after both teams finished 2-2 after regulation and extra time.

Last Update: ، 2025/03/12 Time 08:47:19
Latest News:

Abyan Governor updates PM on incomplete projects

Foreign Minister, Russian Chargé d'Affaires Discuss Ways to Develop Cooperation

Hodeida governor discusses humanitarian, development interventions with the UNHCR

Hodeida Deputy Governor discusses demining project with Norwegian Organization (NPA)

Foreign Minister meets with representatives of Yemeni Community in Doha

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.