Yemen News Agency (SABA)
Home      Local   International   Saudi Aggression War against Yemen   About Yemen   Civil Society   Economy   About Saba  
Search | Advance Search
 
  Local
Al-Mashat congratulates Indonesia’s President on Independence Day
[17 August 2018]
FM congratulates Afghan counterpart on National Day
[17 August 2018]
Competition for provincial teams of kickboxing kicks off in capital
[17 August 2018]
SPC approve to extend term of President al-Mashat
[16 August 2018]
FM sends 2 messages to UN general-secretary and to head, members of SC on coalition' crimes
[16 August 2018]
 
  Saudi Aggression War against Yemen
10 Saudi-led air strikes hit Sanaa
[18 August 2018]
Protest rally in Taiz holds against Saudi aggression crimes
[18 August 2018]
Army escalates offensives against Saudi-paid mercenaries over 24 hours
[18 August 2018]
Ballistic missile , Badr 1, targets new Saudi forces camp in Najran
[18 August 2018]
2 civilians killed, 2 injured by Saudi' airstrikes on Hodeidah
[18 August 2018]
 
  Reports
Yemeni Socotra beauty code: Report
[18 August 2018]
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]
 
  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
YPC denies receiving Gov't's directives to not import fuel
[30/December/2014]

SANA'A, Dec. 30 (Saba) – Yemeni Petroleum Company (YPC) denied on Tuesday what was reported by some news websites about governmental directives obliging the company to not import oil derivatives.

"What was published in this regard is incorrect", an official source at the company said to Saba.

The company's decisions emanate from the position of responsibility entrusted to it and based on the institutional work that falls within the framework of the policy of the Oil Ministry and the national competencies government, the source added.

The source explained that both YPC and Aden Refinery Company are national institutions and the existing cooperation between them is based on an integral policy aiming to serve the national economy and to secure the citizen's need of oil derivatives.

On Saturday, the YPC announced its intention to start importing oil derivatives directly, after this task has been carried out by Aden Refinery Company for many years.

This move will provide to the state treasury about $ 25 million monthly, according to YPC's Executive General Manager Ali al-Taifi.

BA
Saba
  more of (Economy)
UPDATED ON : Sat, 18 Aug 2018 12:24:57 +0300