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

Tariq Saleh: Hadhramaut the best example for coexistence, commitment to state institutions

The Member of the Presidential Leadership Council (PLC) Tariq Saleh met today, with a number of sheikhs, dignitaries and social figures from Hadhramaut governorate.

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: ، 2026/02/16 Time 12:08:14
Latest News:

President al-Alim confers with German Foreign Minister over bilateral relations, mobilizing international ..

Yemen's Human Rights Minister Discusses Cooperation with German Ambassador

Minister al-Soqatri discusses with Saudi Program cooperation in agricultural, fisheries sectors

"MASAM" removes 4 thousand 0f Houthis-laid landmines, UXO in two weeks

Yemen's Planning Minister Discusses Development Cooperation with French Ambassador

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.