Yemen News Agency (SABA)
Home      Local   International   Saudi Aggression War against Yemen   About Yemen   Civil Society   Economy   About Saba  
Search | Advance Search
Political bureau of Ansar Allah offers his condolences to the death Assayed al-Moayed
[20 March 2018]
President meets with a number of women leaders in Sanaa
[18 March 2018]
President stresses on coordinating int’l orgs’ efforts in Yemen
[17 March 2018]
Arrest two tons of drugs
[11 March 2018]
Presidential law approves Arab Anti-corruption Convention
[10 March 2018]
  Saudi Aggression War against Yemen
Saudi-led criminal airstrikes hit several provinces over Tuesday
[21 March 2018]
Two vehicles of mercenaries destroyed, crews killed in Jawf
[21 March 2018]
Yemeni forces shoot down Saudi spy drone in Midi
[20 March 2018]
Saudi warplanes launches 8 raids on Hajjah
[20 March 2018]
Dozens of mercenaries killed in Marib
[20 March 2018]
Army carries heavy losses in enemy ranks, it's mercenaries
[18 March 2018]
Saudi-US aggression war jet launch 26 raids on number of Yemeni provinces
[17 March 2018]
Report: Dozens of Saudi soldiers, mercenaries killed in military operations over past 48 hours
[12 March 2018]
8 civilians killed, 13 injured in Saudi airstrikes on Yemeni provinces
[09 March 2018]
Report: Army attacks against Saudi troops over 24 hours
[22 February 2018]
Official warns against using Yemen as int’l conflict field
[17 March 2018]
Yemen's FM meets with new UN envoy
[13 March 2018]
WHO Cargo plane arrives to Sana'a airport
[12 March 2018]
FM meets Resident Representative of ICRC
[12 March 2018]
FM discusses UNICEF's role in mitigating aggression effects on Yemen
[11 March 2018]
YPC denies receiving Gov't's directives to not import fuel

SANA'A, Dec. 30 (Saba) – Yemeni Petroleum Company (YPC) denied on Tuesday what was reported by some news websites about governmental directives obliging the company to not import oil derivatives.

"What was published in this regard is incorrect", an official source at the company said to Saba.

The company's decisions emanate from the position of responsibility entrusted to it and based on the institutional work that falls within the framework of the policy of the Oil Ministry and the national competencies government, the source added.

The source explained that both YPC and Aden Refinery Company are national institutions and the existing cooperation between them is based on an integral policy aiming to serve the national economy and to secure the citizen's need of oil derivatives.

On Saturday, the YPC announced its intention to start importing oil derivatives directly, after this task has been carried out by Aden Refinery Company for many years.

This move will provide to the state treasury about $ 25 million monthly, according to YPC's Executive General Manager Ali al-Taifi.

  more of (Economy)
UPDATED ON : Wed, 21 Mar 2018 11:36:01 +0300