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  Local
Dhamar tribesmen mobilize to support army in western coast
[17 July 2018]
Yemen celebrates World Population Day
[17 July 2018]
Yemeni Parliament praises legislative achievements in public health
[17 July 2018]
FM, IOM discuss issues of Illegal migrants, IDPs in Yemen
[17 July 2018]
PM, Youth Minister discuss youth, sports issues
[16 July 2018]
 
  Saudi Aggression War against Yemen
3 Saudi' airstrikes targets a civilian's house in Marib
[18 July 2018]
Army destroys a military vehicle, killed a mercenary in Asir, Jizan
[17 July 2018]
Taiz reinforces army in western coast
[17 July 2018]
Citizen killed in Saudi missile attack on Saada
[17 July 2018]
1 civilian killed, 3 injured in explosion shell in Hajjah
[17 July 2018]
 
  Reports
Report :14 Saudi-led coalition air strikes hit several provinces on Monday
[16 July 2018]
29 civilians killed, injured in Saudi-led attacks over 48 hours
[12 July 2018]
Army launches offensives on Saudi enemy sites over past 48 hours
[12 July 2018]
Report: Yemen Army wages military operations on Saudi troops over 24 hours
[12 July 2018]
Report: 2 civilians killed in 21 Saudi-led airstrikes on Yemen over 24 hours
[12 July 2018]
 
  International
Two WHO cargo planes arrives at Sanaa airport
[16 July 2018]
Deputy FM welcomes UN efforts to reach peace in Yemen
[11 July 2018]
Yemen's ballistic missiles arsenal designed to deter enemy attack
[11 July 2018]
Parliament welcomes EU's statement on Yemen
[10 July 2018]
HR Minister discusses displaced situation with UN official
[09 July 2018]
  Economy
Yemen loses $ 383 mln due to oil pipeline sabotage in 2014
[08/May/2014]

SANA'A, May 08 (Saba)- Yemen has lost $ 383 million during the first quarter of 2014 due to the sabotage attacks on oil pipeline, an official report said.

Data ,released by the Central Bank of Yemen (CBY) and seen by Saba, pointed out that the government's share ,as a result of those attacks, fell to about 3.1 million barrels during the period, compared to 6.8 million barrels in the corresponding period of 2013, with a decrease of 3.3 million barrels.

Accordingly, Yemen's revenues from the value of exports decreased during the first quarter of 2014 to $ 348 million compared to about $ 731 million during the corresponding period of the last year , with a decline of $ 383 million.

The largest decline in Yemen's revenues from oil exports was recorded last March, as the government did not reap only $ 44 million.

The central bank said that the quantity exported in March, did not exceed 396 thousand barrels of the total 1.42 million barrels was supposed to be exported during the same month, but the sabotage attacks caused the delay in shipping the rest of the quantity until the first of Apri.

The bank said that the sabotage assaults resulted in reducing the quantity of oil allocated for domestic consumption to 4.9 million barrels during the first quarter of this year, with a decline of 1.25 million barrels from the same period in 2013.

The government ,often, resort to cover such a deficit by hiring Aden Refinery Company to import petroleum products from abroad, while the Central Bank shall cover the import bill.

The value of the imported quantity of the oil products amounted, during the first three months of this year, to $ 746 million.

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UPDATED ON : Wed, 18 Jul 2018 13:29:37 +0300