SANA'A, April 22 (Saba)- The repeated attacks against oil pipelines in Hadhramout have led to export decrease estimated at 800 thousands barrel in February comparing to around two millions this April.
A formal report issued by the Yemeni Central Bank indicates that the deterioration in oil export caused Yemen USD 89 million from its oil revenues with estimated decrease amounted to USD 120 million than the month before.
The devastating attacks and the halt of oil production have also caused a reduction in the crude oil assigned for local consumption in February to 1,4 million barrel in February, a quantity lesser than local market needs. According to the report, the government resorted to import huge quantities of oil derivatives to face the locally increasing demands of fuel.
Yemen's purchases of imported oil derivatives via Aden Refineries Company in January and February have reached USD 497 million. Meanwhile, Yemen's revenues from the exported oil have not exceeded USD 304 million for the same period.