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 holds Houthi militia accountable for damaging strategic oil pipeline
[04/04/2019 08:39]
ADEN-SABA
Minister of Oil and Minerals Aws al-Awd has directed Safer Oil Company for evaluating the sabotage act by Houthi militia against oil pumping station in Dhamar for filling a law suit against it and all perpetrators behind this criminal act.
Talking to Saba, Minister of Oil said the ministry is following up Houthi sabotage act against the oil pipeline and draining crude oil from the station and the prime exporting oil pipeline at Al-Sharq City in Dhamar, pointing out that the militia is still draining oil from the pipeline until moment.
Al-Awd confirmed that the act aims at damaging the company and Yemeni people's possessionand will lead to huge economic losses estimated at millions of dollars.
He added that this malicious act has been committed willingly by Houthi militia for financing their wars against Yemeni people.
The minister of oil held Houthi militia accountable on the catastrophic effects on the ground and human being as draining crude oil from the strategic pipeline will lead to destroying the pipeline, which has been constructed in 1980s and cost millions of dollars.