Oil Minister discusses operating Oil Sector-5

Presidential Leadership Council Member Al-Muharrami Stresses Importance of Developing Transport Sector

Member of the Presidential Leadership Council, Abdulrahman al-Muharrami, underscored the importance of advancing the transport sector and enhancing its efficiency in a manner that serves national interests and improves the quality of services provided to citizens.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/10 Time 12:51:36
Latest News:

President al-Alimi receives British Minister of State for Middle East Affairs

Yemen’s Ambassador Discusses Ways to Enhance Bilateral Relations with Jordanian Official

Masam Project Removes 3,166 Landmines from Yemeni Territory in February

President Al-Alimi Reaffirms Yemen’s Commitment to Global Counterterrorism and Maritime Security Cooperation

Al-Aradah Meets Chief of General Staff, Military Leaders Participating in World Defense Show 2026

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.