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Last Update: ،
2026/07/26
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Latest News:
President al-Alimi Warns Houthis Against Continued Escalation
Al-Aradah Urges Higher Military Readiness to Defend the Republic
UN Chief Voices Concern Over Renewed Houthi Attacks on Commercial Shipping in the Red Sea
IMO Secretary-General Condemns Houthi Attacks as Threat to International Shipping
Yemeni Ambassador Says Houthi Attacks Serve Iran's Regional Agenda
Latest News:
President al-Alimi Warns Houthis Against Continued Escalation
Al-Aradah Urges Higher Military Readiness to Defend the Republic
UN Chief Voices Concern Over Renewed Houthi Attacks on Commercial Shipping in the Red Sea
IMO Secretary-General Condemns Houthi Attacks as Threat to International Shipping
Yemeni Ambassador Says Houthi Attacks Serve Iran's Regional Agenda
SPDRY, Ministry of Electricity sign new oil derivatives grant agreement worth $200 million
[29/09/2022 03:26]
RIYADH-SABA
A new oil derivatives grant agreement worth $200 million by Kingdom of Saudi Arabia (KSA) to the Republic of Yemen inked here today, Thursday.
The fuels grant agreement aimed to provide 250 thousand metric tons of oil derivatives in order to operate electricity- generate-stations in Yemen.
The agreement signed by Minister of Electricity and Energy Eng. Mane'a Yaslam bin Yomain and General Supervisor of the Saudi Program for Development and Reconstruction Yemen (SPDRY) Ambassador Mohamed al-Jaber.
The SPDRY has carried out the procedures to supply the first shipment of the oil derivatives with total amount of $30 million out of the total cost of the grant $200 million intnded to operate more than 70 electricity-generate stations in the republic of Yemen.
The Minister of Electricity and Energy highly appreciated the KSA's efforts through the SPDRY to secure necessary fuels to operate electricity stations that have proved very useful, helpful, remarkably improved electricity services.
A new oil derivatives grant agreement worth $200 million by Kingdom of Saudi Arabia (KSA) to the Republic of Yemen inked here today, Thursday.
The fuels grant agreement aimed to provide 250 thousand metric tons of oil derivatives in order to operate electricity- generate-stations in Yemen.
The agreement signed by Minister of Electricity and Energy Eng. Mane'a Yaslam bin Yomain and General Supervisor of the Saudi Program for Development and Reconstruction Yemen (SPDRY) Ambassador Mohamed al-Jaber.
The SPDRY has carried out the procedures to supply the first shipment of the oil derivatives with total amount of $30 million out of the total cost of the grant $200 million intnded to operate more than 70 electricity-generate stations in the republic of Yemen.
The Minister of Electricity and Energy highly appreciated the KSA's efforts through the SPDRY to secure necessary fuels to operate electricity stations that have proved very useful, helpful, remarkably improved electricity services.
Key words:
Reconstruction - Development - derivatives - Electricity - electricity - appreciated - Ambassador - remarkably - procedures - Supervisor -
President al-Alimi Warns Houthis Against Continued Escalation
Al-Aradah Urges Higher Military Readiness to Defend the Republic
UN Chief Voices Concern Over Renewed Houthi Attacks on Commercial Shipping in the Red Sea
IMO Secretary-General Condemns Houthi Attacks as Threat to International Shipping
Yemeni Ambassador Says Houthi Attacks Serve Iran's Regional Agenda
Presidential Decisions Bring Historic Gains for Yemeni Women
Yemeni Ambassador, Chinese Official Discuss Houthi Threats to International Shipping
Republican Decree About Limited Cabinet Reshuffle in Dr. Shaya Zindani's Government
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Qatar Strongly Condemns Houthi Militias Targeting Saudi Ship, Describing It Threat to Global Energy Security
