Vice Foreign Minister meets with Acting U.S. Treasury Assistant Secretary
Vice Foreign Minister Mustafa Noman met Tuesday here with the Acting USTreasury Assistant Secretary Anna Morris.
Israeli aggression on Gaza leaves 51,157 people martyred, and 116,724 others Injured
The ongoing aggression by Israeli occupation forces on Gaza has resulted in a death toll of 51,157 and 116,724 injuries since October 7, 2023.
Oil prices fall to $65.61 a barrel
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.
Barcelona Wins UEFA Youth League
The Spanish team, Barcelona, won the UEFA Youth League title after a resounding 4-1 victory over Trabzonspor in the final.
User Name: Password:
Negative impacts of selling oil crude by Houthis discussed in Marib
[27/03/2018 12:23]
MARIB-SABA
A technical meeting held in Marib Monday aimed to discuss bad effects of selling oil crude by Houthis putschist militia.

The gathering, which included senior officials in charge of oil sector businesses, chaired by Undersecretary of Oil and Minerals Engineer Shawqi Al-Mekkhlafi.

The discussions focused on the serious negative impacts of selling oil crude by Iran-backed Houthi militia which has decided recently to enter into a contract with the Cooperative Agricultural Union (CAU) under which the militia sells oil crude to the (CAU). Such a move is going to have devastating impacts upon the national economy and the Yemeni nation's resources.

Houthi rebellious militia has recklessly decided to sell oil crude contained in the oil pipeline stretched 428 km from Safer in Marib province to Ras Essa harbor on the Red Sea. The oil crude transport pipeline contains 900 thousand barrels. The total cost of building such pipeline estimated at above $1 billion.

The Houthis' move is a sabotage act will result in ruining the pipeline and an environmental disaster.

The Ministry of Oil stated that it reserves its legal right to take all legal procedures to stop such sabotage action. The Ministry also stated that it has been seeking to resume all oil production and operations in different oil sectors which have ceased to operate due to Houthi coup.

The meeting expressed thanks to local authority leadership in Marib province headed by the governor Maj. General Sultan Al-Erradah for significant efforts have been made to maintain oil facilities as safe and operational.


Hadramout Governor, Chinese Ambassador discuss development efforts
Central Bank of Yemen to Hold Foreign Currency Auction
Yemeni Interior Ministry and INSO Discuss Cooperation
Dr. Abdullah al-Alimi receives Ambassador of Royal Netherlands
Presidential Leadership Council Chairman Meets with EU Ambassadors
Ambassador Bahah, Egyptian Assistant Foreign Minister Discus Bilateral Relations
Ministry of Sports Signs Agreement with Helpcode Italy to Promote Social Inclusion through Sports
President al-Alimi receives U.S. Ambassador
President al-Alimi Receives French Ambassador
Health Ministry Celebrates World Malaria Day with Call to Action for Elimination

About Saba News Agency | Usage Agreement | Contact Us