Oil Ministry announces success of first oil export operation

President al-Alimi: Restoring Sana’a and a Just, United Yemen Will Remain a Unifying National Goal

His Excellency President Dr. Rashad Mohammed al-Alimi, Chairman of the Presidential Leadership Council, called on the Yemeni people to seize a pivotal moment of transition and align behind a vision for rebuilding a state that protects rights, safeguards dignity, and offers hope to future generations.

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.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

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: ، 2026/02/18 Time 01:11:39
Latest News:

Yemen’s Ambassador Participates in Board Meeting of Arab World Institute in Paris

Presidential Leadership Council Member Dr. Abdullah al-Alimi Discusses Developments in Yemen with EU ..

Chairman of the Presidential Leadership Council Exchanges Ramadan Greetings with Arab and Islamic Leaders

Ministry of Endowments Announces Wednesday as First Day of Ramadan

Public Works Minister, UNOPS Review Cooperation on Road Maintenance Projects

Oil Ministry announces success of first oil export operation

[31/07/2018 08:34]

ADEN-SABA
The Ministry of Oil and Minerals announced the successful export of the first crude oil shipment through the port of Rezum oil terminal, in Shabwa province, on July 28.

A ministerial statement said the shipment was exported after the resuming production in block S2 in the area of Aqla in Shabwa, as per the directives of President Abd-Rabbu Mansour Hadi.

The statement said 500,000 barrels of crude oil had been exported after marketing the shipment globally; 35 international companies participated in the international tender that was announced and the shipment was awarded to a Chinese petroleum companyas per the price quotes from crude oil Brent bourse.

The statement pointed out that the province of Shabwa will receive the proportion of 20 percent of revenues from the sales of crude oil produced from the province, as will all source provinces of oil outputs.

The statement said that the ministry will continue its efforts to re-activate the remaining oil blocks in the provinces of Hadramout, Marib and Shabwa in the framework of its contribution to the normalization of life in the liberated provinces.