Oil Minister discusses operating Oil Sector-5

Member of the Presidential Leadership Council, Tareq Saleh met Thursday with the European Union Ambassador to Yemen Patrick Simonnet.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/11 Time 10:54:15
Latest News:

Al-Mahrami Meets EU Ambassadors, Calls for Designating Houthi Militias Terrorist Organization

Prime Minister Reviews Support for Government Reforms, Expansion of Development Partnership with the ..

Yemen reiterates its absolute rejection of using its territory as a platform to threaten international ..

Parliament Speaker Discusses General Situation on the National Scene With Prime Minister

Prime Minister Receives Spanish Secretary of State for Foreign, Global Affairs

Oil Minister discusses operating Oil Sector-5

[03/08/2022 07:34]

ADEN - SABA
Minister of Oil and Minerals Saeed al-Shammasi discussed Wednesday with General Manager of Yemeni Company for Oil Investments a number of issues associated with oil sectors, mainly Sector- 5 and problems it faces for increasing production and marketing oil internationally.

He stressed significance of activating oil managements and working from inside the country and tightening controlling and accountability role, pointing out to importance of the Yemeni Company for Oil Investments as the state body Yemen depends on for attracting more oil investments.

Minister al-Shammasi also confirmed readiness of oil ministry to cooperate with the company on training and qualifying local cadre in all fields associated with oil management and making preparations to hold joint meeting includes oil ministry, the company and Petero Masila Company, which is the operator of Sector-5.

The meeting, which will be held early next week, will discuss challenges facing operating the sector and making suitable solutions to commence actual production and exportation of oil.