Crude oil prices fell in early Asian trading today, Tuesday, as investors' expectations of demand growth eased due to ongoing trade tensions between the United States and China.
Oil Minister calls companies to resume work from Aden
[29/07/2019 07:02]
ADEN-SABA
Minister of Oil and Minerals Aws al-Awd has called oil companies to relocate their offices to the transitional capital Aden.
In a circulation issued by the Ministry of Oil, al-Awd stressed quick resumption of all petroleum operations in accordance with treaties of sharing production like national and other foreign petroleum companies working in sectors 9,52,14,10,51 and 53.
He also demanded these companies to make work programs and operational budgets via operational and exploration committee and the Agency of Oil Exploration and Production in Aden.
He confirmed the ministry's authority of maintaining of all its rights and government's rights which do not fall into a statute of limitations in accordance with sharing agreement and Yemeni enforced laws.