First Batch of Petroleum Derivatives Grant to Socotra Governorate Arrived

Amb. Shammar Looks for Further Yemeni-Bulgarian Cultural Cooperation

The Chargé d' Affaires of the Embassy of the Republic of Yemen in Sofia, Bulgaria, Ambassador Ahmed Shammar, met today with the Director of the Bulgarian National Library, Professor Kalina Ivanova.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/07/28 Time 04:42:33
Latest News:

Prime Minister: Aden Tops Government Priorities

Al-Arada Calls for Stronger Action Against Iranian Support for Houthis

Yemeni Ambassador, Russian Agency Chief Discuss Expanding Education Links

Al-Khabbashi Praises Efforts to Settle Disputes, Underlines Importance of Developing Technical Education

Lahj Governor Calls for Broader Development Cooperation with Danish Refugee Council

First Batch of Petroleum Derivatives Grant to Socotra Governorate Arrived

[24/01/2026 05:14]

SOCOTRA – SABA
The first batch of the petroleum derivatives grant provided through the Saudi Development and Reconstruction Program for Yemen has arrived in Socotra Archipelago Governorate.

The grant is designated to operate power generation stations in the districts of Hadibo, Qalansiyah, Mory and Alamah, and will later include various power plants across the governorates of the Republic.

The arrival of the petroleum derivatives grant, which reached Socotra Governorate yesterday, Friday, comes as part of the package of development and economic support recently announced by the Kingdom of Saudi Arabia.

This package includes 28 development projects and initiatives with a total value of 1.9 billion Saudi riyals, in support of economic recovery efforts and the improvement of basic services in Yemen.

The Saudi Development and Reconstruction Program for Yemen had signed an agreement with the Yemeni Ministry of Electricity and Energy to purchase petroleum derivatives from the Yemen Oil Company (PetroMasila), with the aim of supplying more than 70 power generation stations across various governorates.

This contributes to strengthening the capacities of Yemeni institutions, supporting the stability of the electricity sector, ensuring the continuity of services, and operating vital national facilities.

The total quantity of petroleum derivatives provided under this grant amounts to approximately 339 million liters of diesel and mazut, valued at USD 81.2 million, to operate power stations throughout all governorates.

This is expected to positively reflect on improving the level of services provided to citizens and enhancing the reliability of electrical power in hospitals, health centers, schools, roads, airports, and ports, in addition to supporting economic and commercial activity.

Previously, the Saudi Development and Reconstruction Program for Yemen provided several petroleum derivative grants, including a grant in 2018 valued at USD 180 million, a grant in 2021 valued at USD 422 million, and a grant in 2022 valued at USD 200 million, in addition to the current grant for 2026, as part of ongoing support to enhance the stability of Yemen’s electricity sector.