PM holds meeting with managements of YGC, Safer Oil Co.

Al-Subaihi, PM Receive Condolences in Aden on the Passing of Former President Abd-Rabu Mansour Hadi

Member of the Presidential Leadership Council, Lieutenant General Mahmoud al-Subaihi and Prime Minister, the Minister of Foreign Affairs and Expatriates, Dr. Shaya Zindani received condolences this Friday evening in the temporary capital, Aden, on the passing of the late former President, Field Marshal and veteran leader Abd-Rabu Mansour Hadi, who passed away after a life filled with national, political and military service during pivotal moments in Yemen’s modern history.

Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured

Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/30 Time 01:09:39
Latest News:

President al-Alimi leads funeral procession of former President Abd-Rabu Mansour Hadi

Saudi Leadership Extends Condolences Over Death of Former Yemeni President Abdrabbuh Mansur Hadi

Presidency Mourns Former Yemeni President Field Marshal Abd-Rabbu Mansour Hadi

Yemen Strongly Denounces Aggressive Attacks Against Kuwait

Presidential Leadership Council Member Al-Arada Performs Eid al-Adha Prayers with Worshippers, Receives ..

PM holds meeting with managements of YGC, Safer Oil Co.

[07/11/2018 04:16]

ADEN-SABA
Prime Minister Dr Ma'een Abdulmalik held a meeting Wednesday brought together the managements of the Yemeni Gas Company (YGC) and Safer Oil Company. The Minister of Oil and Mineral, Chairman and Members of the Economic Committee and Governor of Yemeni Central were also in attendance.

The session aimed to explore increasing oil and gas production as key source for the state's budget financial revenues of foreign currency.

The Prime Minister said" Government is intended to work on increasing oil and gas production which make up 70% of the state general budget's sources and 65% of the total amount of the country's exports".

Dr Ma'een added" President Abd Rabbu Mansour Hadi ordered to resume operating and developing oil sector given that it is a backbone of national economy".

For his part, Chief Executive of YGC Anwar Salim provided a detailed report about the Co. operation over the past couple of years, citing efforts to secure cooking gas supplies to the population all over the country including militia-controlled provinces.

Anwar reported that the Co. has worked hard to cope with the burdens created by Houthi militia and the militia's attempt to take control over the Co. He stated that the militia took control over the gas portion produced from Safer which counted 75 Gas Trailers per day." The militia gave six thousands new licenses of gas trailers and 220 new gas stations, replaced former agents with new ones loyal to the militia", said Anwar.

He stated that the YGC distributes the provinces' portion of cooking gas on the basis of total population of every province, taking into account the movement of Internally Displaced Persons.