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  Local
Saada governor inspects IDPs camps
[15 January 2018]
Sanaa tribesmen send food convoy to support army in front lines
[15 January 2018]
Recruitment campaign kicked off in Yemen's Mahwit
[15 January 2018]
Voluntary recruitment campaign kicked off in Yemen's Dhamar
[15 January 2018]
President appoints advisor to finance ministry
[15 January 2018]
 
  Saudi Aggression War against Yemen
4 civilians killed in Saudi aggression air strike on Hodeidah
[16 January 2018]
Saudi aggression warplanes wage 13 raids on Saada
[16 January 2018]
3 Saudi air strikes hit Marib
[16 January 2018]
Saudi warplanes launch 2 strikes on Lahj
[16 January 2018]
Army guns down 3 Saudi soldiers, shells enemy sites in Jizan
[16 January 2018]
 
  Reports
Report: Army, committees killed, injured dozens of Saudi soldiers, mercenaries in attacks over Sunday
[15 January 2018]
Report: 2 Yemeni civilians injured in 19 Saudi aggression airstrikes, attacks on Yemen during one day
[15 January 2018]
Report: 23 Saudi-led coalition airstrikes hit Yemen over 24 hours
[14 January 2018]
Report: 2 Yemeni civilians murdered in 19+ Saudi aggression airstrikes, attacks on Yemen over Friday
[13 January 2018]
Report: Army sniped 27 Saudi soldier, mercenaries in attacks, ballistic missile at Special Forces camp in Najran during one day
[12 January 2018]
 
  International
Yemen, WFP sign MoU to rehabilitate Hodeidah port
[16 January 2018]
Yemen calls on UAE occupation forces to stop destroying Socotra
[16 January 2018]
Norwegian Refugee Council calls for reopening Yemen's ports
[15 January 2018]
FM meets UN political affairs official
[15 January 2018]
FM meets OHCHR official
[15 January 2018]
  Economy
YPC to start direct importation of fuel
[27/December/2014]

SANA'A, Dec. 27 (Saba) - Yemen Petroleum Company (YPC) plans to start importing oil derivatives in a move that will save tens of millions of dollars annually to the state treasury.

The oil products importation has been carried out by Aden Refinery Company for many years.

YPC started this move recently by announcing an international tender for importing petroleum products through its storage facilities in the ports and the provinces to cover part of the local market needs for the period (February-March- April).

"Importing oil derivatives directly by YPC will provide to the state treasury about $ 25 million monthly, which was spent for storage and transport charges and others", YPC's Executive General Manager Ali al-Taifi told Saba.

Al-Taifi explained that the company is intend to set up facilities to increase the storage capacity of petroleum materials, including a petroleum facility with a capacity of 105 tons in Ras Issa Port, Hodeida province, at a cost of $ 41.5 million.

The YPC has several ports and tanks in a number of provinces, which qualifies it to be the main importer of fuel in the country.

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UPDATED ON : Tue, 16 Jan 2018 12:41:22 +0300