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.
Minister of Oil discuses oil production with Safer Co
[29/04/2018 02:50]
Oil and Minerals Minister Eng. Aus Al-Awd chaired a meeting Sunday in the interim capital Aden. The meeting included Deputy minister of Oil, Dr Sa'aeed Ashamasi Executive Manager of Safer Company Eng. Salim Koaiti and senior officials of the Co.
The meeting devoted to address several topics relating to the oil industry and businesses. Most significant of all is resuming oil production and transport through Anoshaima seaport in the region of Radhom of Shabwa province.
The budget of Safer Co. and how to maintain cooking gas facilities and LNG were discussed.
The Minister underscored the importance of resuming oil production and transport through Anoshaima harbor on the Arabia Sea in the province of Shabwa.
Safer-Ras Essa oil pipeline project that carries out oil crude from Safer in Marib province to Safer harbor in Hodeida was also touched upon.
Separately, the Minister discussed with the Yemeni Oil Company in Aden the mechanisms should be adapted to ensure fuels supplies regularly in domestic market.