SABA - Yemen news agency

Print date: 12-12-2017
Article link: http://www.sabanews.net/ar/news387333.htm
  Economy
Yemen sells 1.3 mln barrels of crude to Glencore
[08/February/2015]

SANA'A, Feb. 08 (Saba) – The Supreme Committee on Crude Oil Marketing approved on Sunday selling 2.8 million barrels of Yemeni crude oil for loading in April 2015.

Chaired by Governor of the Central Bank of Yemen (CPY) Mohamed Hamam, the Committee endorsed selling 1.3 million barrels of Masila crude offered for April loading to Glencore Company for dated Brent plus 63 cents.

The state-owned Aden Refinery Company bought the entire allotment of 1.5 million barrels of Marib crude offered for April at a price flat to dated Brent and allocated the other available quantity of oil for local market.

HA/BA