Yemen News Agency (SABA)
Home      Local   International   Saudi Aggression War against Yemen   About Yemen   Civil Society   Economy   About Saba  
Search | Advance Search
 
  Local
Yemen scholars condemns Arab regimes' normalization with Israel
[18 November 2018]
Deputy FM meets head of ICRC mission in Sanaa
[18 November 2018]
Yemen's scholars renew rejection of US-Saudi aggression
[18 November 2018]
Free preview and other fees are reduced in government and private hospitals in Sanaa
[18 November 2018]
Health Ministry distributes modern ambulances
[17 November 2018]
 
  Saudi Aggression War against Yemen
2 Saudi-led airstrikes hit Hodeidah
[18 November 2018]
US-Saudi aggression coalition shells border areas in Saada
[18 November 2018]
Police releases 45 mislead by aggression coalition in Dhamar
[18 November 2018]
Army launches attack on Coalition-led mercenaries' sites in Hodeidah
[18 November 2018]
Footage shows army inflicts on aggression coalition-led mercenaries heavy losses in western coast
[18 November 2018]
 
  Reports
Army carries out military attacks over 24 past hours
[18 November 2018]
Army targets mercenaries' training camp over 24 past hours
[17 November 2018]
12 civilians killed, injured including children over 24 past hours
[17 November 2018]
Report: Food, Agriculture in Yemen
[17 November 2018]
Report: Army inflicts heavy casualties on Saudi-paid mercenaries in all fronts
[15 November 2018]
 
  International
China, South Korea agree to work for =possible summit between Washington and Pyongyang
[18 November 2018]
China, South Korea agree to work for =possible summit between Washington and Pyongyang
[18 November 2018]
China, South Korea agree to work for =possible summit between Washington and Pyongyang
[18 November 2018]
3 killed by missile on wedding party in Afghanistan
[18 November 2018]
UK Foreign Secretary to visit Tehran tomorrow
[18 November 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 : Sun, 18 Nov 2018 21:41:22 +0300