Oil Minister discusses operating Oil Sector-5

Yemen Calls for International Support to Rebuild Housing Sector

The Yemeni government has urged the international community to provide support to rebuild the country's housing sector, which has been severely damaged by the ongoing conflict.

Gaza Death Toll Rises to 54,381 Amid Ongoing Israeli Aggression

GAZA-SABA The death toll from the Israeli aggression on the Gaza Strip since October 2023 has risen to 54,381, with 124,054 injured, according to medical sources.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Napoli Wins Serie A Title for Fourth Time

Napoli won the Serie A title for the fourth time in its history, after defeating Cagliari 2-0 in the 38th and final round of the competition.

Last Update: ، 2025/06/01 Time 04:21:27
Latest News:

President al-Alimi meets with Arab Ambassadors to Russia

Vice Foreign Minister receives copy of credentials of the Somali Ambassador

Leadership Council Chairman Warns of Iranian Expansion at Institute of Oriental Studies

Chairman of Leadership Council Honors Russian Scholar with Medal of Merit

Ambassador Fakirah Meets with Jordanian Official to Discuss Bilateral Relations

Oil Minister discusses operating Oil Sector-5

[03/08/2022 07:34]

ADEN - SABA
Minister of Oil and Minerals Saeed al-Shammasi discussed Wednesday with General Manager of Yemeni Company for Oil Investments a number of issues associated with oil sectors, mainly Sector- 5 and problems it faces for increasing production and marketing oil internationally.

He stressed significance of activating oil managements and working from inside the country and tightening controlling and accountability role, pointing out to importance of the Yemeni Company for Oil Investments as the state body Yemen depends on for attracting more oil investments.

Minister al-Shammasi also confirmed readiness of oil ministry to cooperate with the company on training and qualifying local cadre in all fields associated with oil management and making preparations to hold joint meeting includes oil ministry, the company and Petero Masila Company, which is the operator of Sector-5.

The meeting, which will be held early next week, will discuss challenges facing operating the sector and making suitable solutions to commence actual production and exportation of oil.