Yemen News Agency (SABA)
Home      Local   International   Saudi Aggression War against Yemen   About Yemen   Civil Society   Economy   About Saba  
Search | Advance Search
 
  Local
Public Works and Highways Office execution of road re-construction in Sanaa
[10 December 2018]
UNICEF distribution 400 food baskets,400 school bags in IBB
[10 December 2018]
Child wounded in Saudi-led airstrike on Hodeidah
[09 December 2018]
Hodeida Acting Governor kicks off clothes' distribution's project on affected children due to war
[09 December 2018]
Parliament discusses political developments, aggression repercussions
[09 December 2018]
 
  Saudi Aggression War against Yemen
Report: Dozens of Saudi-pad mercenaries killed in army's attacks over 24 hours
[10 December 2018]
Coalition slips away from Sweden peace talks to escalation: Army Spokesman
[09 December 2018]
Army kills dozens of saudi-led mercenaries in Bayda
[09 December 2018]
Saudi-led mercenaries shell populated areas in Lahj
[09 December 2018]
Yemeni army killed five saudi soldiers in border provinces : Saudi media
[09 December 2018]
 
  Reports
US –Saudi aggression coalition targets residential areas in provinces over the24 past hours
[10 December 2018]
Woman killed, others civilans injured in saudi-led coalition's bombardment on Hodeida, Saada
[07 December 2018]
Army inflicts on saudi-led mercenaries heavy losses over 24 past hours : Report
[07 December 2018]
US-Saudi aggression coalition kills, injuries several citizens' properties in various provinces : Report
[05 December 2018]
Army inflicts saudi-led mercenaries heavy losses over 24 past hours
[02 December 2018]
 
  International
Difficulties obstruct humanitarian projects in Yemen discussed
[10 December 2018]
Sanaa International Airport readys to flights
[09 December 2018]
Planning minister meets WFP official
[09 December 2018]
U.N. adopts resolutions against Israeli practices
[09 December 2018]
135 injured, hundreds of protesters in Paris demonstrations
[09 December 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.

BA
Saba
  more of (Economy)
UPDATED ON : Mon, 10 Dec 2018 12:09:00 +0300