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Presidency Director meets United Nations Resident Representative
[22 January 2018]
206 prisoners involved in December sedition released in Sanaa
[21 January 2018]
Yemen women rally to reinforce army in fighting Saudi aggression
[20 January 2018]
Mr. President meets local administration minister, capital mayor
[20 January 2018]
President meets with Speaker of Parliament
[20 January 2018]
 
  Saudi Aggression War against Yemen
5 Saudi aggression air raids waged on Jizan
[23 January 2018]
Saudi enemy army’ sites, gatherings shelled in Jizan, Najran, Asir
[23 January 2018]
Saudi aggression warplanes wage 9 raids on Saada
[23 January 2018]
Artillery shelling fired on mercenaries’ gathering in Marim
[23 January 2018]
6 Saudi aggression airstrikes hit Jawf
[23 January 2018]
 
  Reports
Report: Army, committees conducts ground attacks against Saudi Army, its mercenaries Over Sunday
[22 January 2018]
Report: 35 Saudi-led aggression coalition airstrikes hit Yemen provinces over Sunday
[22 January 2018]
Report: 2 civilians killed in 24 Saudi-led aggression coalition airstrikes over Yemen on Saturday
[21 January 2018]
Report: Army , committees attack Saudi army, its mercenaries in battle fronts over Saturday
[21 January 2018]
Report: Saudi-led aggression coalition warplanes wage 22 strikes on Yemen over Friday
[20 January 2018]
 
  International
Yemen's Revolutionary President bids farewell to UNOCHA coordinator
[22 January 2018]
Minister of Planning, UN official discuss coordination
[22 January 2018]
UN, aid partners launch largest humanitarian appeal for Yemen
[22 January 2018]
Yemen calls on power countries to stop selling arms to coalition's states
[21 January 2018]
Foreign Ministry: Stopping sales of German arms to coalition states is important step
[20 January 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 : Tue, 23 Jan 2018 03:53:25 +0300