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  Local
Prime Minster mourns al-Shatri's death
[19 February 2018]
Occupiers’ attempts to clone military institutions are futile: President
[18 February 2018]
15 Passengers Killed, 3 Injured In Traffic Accident In Sanaa
[18 February 2018]
Training course organizes for administrative leaders in Jawf
[18 February 2018]
PM inspects Youth ministry
[18 February 2018]
 
  Saudi Aggression War against Yemen
Saudi-paid mercenaries killed, injured in Taiz
[19 February 2018]
2 civilians killed in 3 airstrikes on Saada
[19 February 2018]
Civilians killed in air strike hit Hodeidah
[18 February 2018]
12 UAE soldiers killed in army attack
[18 February 2018]
Zizal-2 fired toward mercenaries’ gatherings in Marib
[18 February 2018]
 
  Reports
Report: Army, committees attack Saudi enemy forces in battlefronts over 24 hour
[18 February 2018]
Report: 20 civilians killed in over 32 Saudi airstrikes on Saturday
[18 February 2018]
Report: Army wages offensives on Saudi enemy's sites, gatherings on Friday
[17 February 2018]
Report: Over 7 civilians killed in 41+ aggression air strikes over 24 hours
[17 February 2018]
Report: Army wages attacks on Saudi enemy’s gatherings in Thursday
[16 February 2018]
 
  International
Yemen condemns Saudi Shura council member inciting to violence
[18 February 2018]
Yemen welcomes new UN envoy
[17 February 2018]
FM meets UN official
[14 February 2018]
FM congratulates his Iranian counterpart
[14 February 2018]
Yemen calls for pressure on Security Council to stop aggression
[13 February 2018]
  Economy
Yemen loses $ 1 bln oil revenues in 2014
[21/February/2015]

SANA'A, Feb. 21 (Saba) – Yemen lost nearly one billion dollars of its oil revenues over the past year,2014, compared to 2013, according to an official report.

The report, which has been issued by the Central Bank of Yemen (CBY), explained that Yemen's revenues from the value of oil exports fell to about $ 1.6 billion in the last year, compared with more than $ 2.6 in 2013, by a dramatic decrease amounted to $ 989 million.

The reasons for the decline lie mainly in the weakness productivity of Yemen, the drop in global oil prices and the exposure of oil pipeline Marib-Hodeidah to several sabotage attacks.

The report revealed that Yemen's share of the exported oil amount has dropped to 17 million barrels last year, compared with more than 24 million barrels in 2013, with a decrease of seven million barrels.

The oil amount allocated for domestic consumption fell to 18.6 million barrels last year, compared to about 20.8 million barrels in 2013, with a decrease of 2.2 million barrels, the report added.

In view of that, the government resorted to cover the gap between the amount of production and domestic consumption by importing quantities of fuel from abroad.

The value of the imported fuel in last year amounted to more than $ 2.1 billion, which was covered by the CBY, according to the report.

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UPDATED ON : Mon, 19 Feb 2018 12:48:03 +0300