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  Local
Hodeidah local authority appeals international organizations to ambulance wounded citizens
[15 August 2018]
Hodeidah 1 team wins Somod championship for beach volleyball
[15 August 2018]
Artillery hits mercenaries gathering in Lahjj
[15 August 2018]
Health minister deputy inspectes workflow in Dhoha medical camp in Hodeida
[14 August 2018]
Workflow in streets cleaning project in capital inspected
[14 August 2018]
 
  Saudi Aggression War against Yemen
5 civillians killed in shelling of Saudi-led battleships on Hajjah
[15 August 2018]
Army kills Saudi soldier, shells Saudi army's gatherings in Asir
[15 August 2018]
Army artillery shells gatherings of Saudi-led mercenaries in Lahj
[15 August 2018]
Yemen ridicules America's attempts to shirk its role in aggression against Yemen
[15 August 2018]
Army kills dozens of Saudi soldiers in Najarn
[15 August 2018]
 
  Reports
Report: Army inflicts Saudi-led mercenaries losses in lives, equipments over past 24 hours
[14 August 2018]
11 Civilians killed, 18 others injured in Saudi-led airstrikes over past 24 hours : Report
[14 August 2018]
Dozens of Saudi-backed militiamen killed, injured in Najran, Asir, Jizan: Report
[13 August 2018]
Report: Army launches missile attacks on Saudi-led mercenaries over past 24 hours
[13 August 2018]
Reporter: 15 Saudi-led airstrikes hit several provinces over day
[13 August 2018]
 
  International
Saudi extremist regime commits genocide in Yemen : Slovakian Parliament
[15 August 2018]
Deputy PM, UN official stress doubling efforts to combat cholera
[06 August 2018]
ICRC condemns Saudi airstrikes on Hodeidah hospital
[04 August 2018]
Health minister stresses enhancing cooperation with WHO
[01 August 2018]
Al-Masirah TV reporter injured in Saudi border shelling
[01 August 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 : Wed, 15 Aug 2018 12:10:58 +0300