Presidential Leadership Council Member Dr. Abdullah al-Alimi Receives Chargé d’Affaires of Chinese Embassy
Member of the Presidential Leadership Council, Dr. Abdullah al-Alimi received Wednesday Chargé d’Affaires of the Embassy of the People’s Republic of China to Yemen Zhao Zheng.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
Japan's LNG imports down 1.4 percent
Japan's liquefied natural gas (LNG) imports fell 1.4 percent to 64.98 million tons last year 2025, compared to 2024. according to provisional data released by the Japanese Ministry of Finance today, Thursday.
Paris Saint-Germain temporarily tops the French league after their win against Auxerre
Paris Saint-Germain defeated Auxerre 1-0 in their Ligue 1 match on Matchday 19.
User Name: Password:
PM: Gov't pays USD 60 million for oil derivatives a month
[27/07/2017 02:52]

ADEN-SABA
Yemen's Prime Minister said his government pays USD 60 million a month to purchase oil derivatives as a fuel for the power generation plants.

Chairing the Cabinet's regular meeting in the temporary capital city, Aden, on Thursday, the premier. Dr. Ahmed bin-Daghr, said the amounts are paid in US dollars to save the stability of the local currency, which maintained a stable exchange rate in spite of the country's hard circumstances and the almost total lack of hard currency.

The premier affirmed the importance of constructive institutional work, saying that serves thestate and citizens, in the first place.

He also stressed the needto afford subsidy for oil products for the use in power generation plants and for military and security use and to set a certain mechanism for avoiding oil products crisis.

The Cabinet approved a proposal from the Oil Minister Eng. SayfAshareef on mutual settling of accounts between the Aden Oil Refinery and the finance and oil ministries.

Discussing the army recapture of Khaled strategic camp in coastal Taiz, announced to have been achieved yesterday, the premier hailed it as a major gain expressing gratitude to the military and paramilitary warriors backed by the Arab coalition.

The premier offered condolences to the relatives of the soldiers fallen in the battles that ended up in accomplishing that mission.

The liberation of Khaled camp will open the door for several victories, he said. The premier expressed gratitude to the United Arab Emirates for its support to Yemen in various fields including the granting of buses to public transportation companies and government institutions in Yemen.

The granted UAE buses led to a significant improvement in the service of commuting and transportation between Aden and other Yemeni provinces, said the premier.

Futurely, new bus grants will improve the service of transportation with the rest provinces of the country.

Senior military officials briefed the Cabinet on the military advances on different warfronts against the Saleh-Houthi coup militias.




Leadership Council Member Abdullah Al-Alimi Discusses Yemen Developments with French Ambassador
Minister Buhaybeh Discusses Strengthening Support for Health Sector with Dutch Ambassador
UNSC to End Mandate of UN Mission Supporting Hodeidah Agreement by End of March
Prime Minister meets with WB Regional Director
Yemen's Water and Environment Minister Meets Dutch Ambassador
Vice Foreign Minister, South Africa Ambassador discuss joint cooperation
Aden Governor Meets UNICEF to Boost Cooperation on Child Welfare
Yemen Ambassador Discusses Revitalizing Trade with Indonesia
Yemen's Ambassador Discusses Bilateral Ties with Spanish Official
Government Source: Ongoing Consultations to Form New Competence Government

About Saba News Agency | Usage Agreement | Contact Us