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Planning Minister meets Project Manager of Friedrich Ebert Foundation
[15 January 2019]
PM discusses with Secretary General of DRC cooperation relations
[15 January 2019]
Mahwait governor affirms to support public hospitals in province
[15 January 2019]
Training course on strategic planning ended in Sanaa
[15 January 2019]
Sanaa continues to support army against aggression
[15 January 2019]
 
  Saudi Aggression War against Yemen
Army fires Zilizl-1 missile on coalition’s gatherings in Hajjah
[16 January 2019]
Army attacks saudi-led mercenaries' sites in Taiz
[16 January 2019]
Army kills tens of mercenaries, destroys 7 military vehicles on fronts
[16 January 2019]
Army repels coalition’s attack in Jawf
[16 January 2019]
Army shoots dead 5 Saudi soldiers in Jizan
[16 January 2019]
 
  Reports
Army inflicts on saudi-led mercenaries heavy losses over 24 last hours : Report
[15 January 2019]
Army kills dozens of saudi soldiers, mercenaries over 24 hours : Report
[14 January 2019]
2018 was catastrophic for Yemen's childhood due to saudi aggression: Health ministry
[12 January 2019]
öArmy inflicts heavy losses on saudi-led coalition over last few hours : Report
[10 January 2019]
Citizen killed, child injured by Saudi enemy, mercenaries in Saada, Hodeidah: Report
[10 January 2019]
 
  International
Human Rights Minister discusses joint cooperation with UNICEF representative
[16 January 2019]
Arsenal goalkeeper Chuck resigns at the end of the season
[15 January 2019]
German economy grew by 1.5% last year at the lowest pace in 5 years
[15 January 2019]
Croatian Karlovic qualified for second round of Australian Open
[15 January 2019]
Manchester City wins, competes against Liverpool : English Premier League
[15 January 2019]
  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, 16 Jan 2019 13:08:12 +0300