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  Local
The phenomenon of carrying arms in Yemen
[23 October 2018]
Rally in Hodeidah condemns coalition war crimes against citizens
[22 October 2018]
President meets COCA head
[21 October 2018]
Report: Why the Poverty in Yemen rises to 8.5 during this year!
[20 October 2018]
272criminal cases regulate in the capital Sanaa in the past week
[20 October 2018]
 
  Saudi Aggression War against Yemen
An offensive operation in Saudi' sites in Marib
[23 October 2018]
The School Feeding Project launches the meal of the school in the targeted departments in 10 provinces
[23 October 2018]
The School Feeding Project launches the meal of the school in the targeted departments in 10 provinces
[23 October 2018]
Army controls of enemy sites south of Killo-16 in wide offensives
[23 October 2018]
Saudi airstrike hit Hodeidah airport
[23 October 2018]
 
  Reports
Reports:The phenomenon of carrying arms in Yemen
[23 October 2018]
Report: Army attacks Saudi-paid mercenaries, kills dozens over 24 hours
[23 October 2018]
Reports: 10 civilians killed, injured with coalition' air raids in the past24 hours in provinces
[22 October 2018]
Report :Army inflicts heavy casualties upon Saudi aggression-paid mercenaries various fronts
[21 October 2018]
Report: Dozens of Saudi-paid mercenaries killed, injured in military attacks!
[20 October 2018]
 
  International
Report: Yemen invaders cemetery
[20 October 2018]
FM sends letter to EU's High Representative for Foreign Affairs
[16 October 2018]
From south to north .. No to starvation and occupation in Yemen
[16 October 2018]
Israeli occupation suppresses peaceful demonstrations in Gaza
[13 October 2018]
Parliament's Speaker congratulates Ugandan counterpart on National Day
[08 October 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 : Tue, 23 Oct 2018 21:27:04 +0300