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  Local
Voluntary Recruiting campaign kicks off in Yemen's Amran
[17 January 2018]
Hajjah province deputy kicks off Voluntary recruitment campaign in Shahel
[17 January 2018]
Dhamar Governor inaugurates voluntary recruiting campaign in Dhamar city
[17 January 2018]
Voluntary recruitment campaign kicked off in Mezher of Yemen's Raymah
[17 January 2018]
Voluntary recruitment campaign kicked off in Tahtia of Hodeidah
[17 January 2018]
 
  Saudi Aggression War against Yemen
12 Saudi airstrikes hit Saada
[17 January 2018]
Ballistic hit Saudi Army Operations Center in Najran
[17 January 2018]
Army foils infiltration attempts of mercenaries in Taiz
[16 January 2018]
Saudi-paid mercenaries killed, injured in Lahj
[16 January 2018]
Army targets Saudi soldiers, mercenaries 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
Yemen loses $ 1 bln oil revenues in 2014
[21/February/2015]

SANA'A, Feb. 21 (Saba) – Yemen lost nearly one billion dollars of its oil revenues over the past year,2014, compared to 2013, according to an official report.

The report, which has been issued by the Central Bank of Yemen (CBY), explained that Yemen's revenues from the value of oil exports fell to about $ 1.6 billion in the last year, compared with more than $ 2.6 in 2013, by a dramatic decrease amounted to $ 989 million.

The reasons for the decline lie mainly in the weakness productivity of Yemen, the drop in global oil prices and the exposure of oil pipeline Marib-Hodeidah to several sabotage attacks.

The report revealed that Yemen's share of the exported oil amount has dropped to 17 million barrels last year, compared with more than 24 million barrels in 2013, with a decrease of seven million barrels.

The oil amount allocated for domestic consumption fell to 18.6 million barrels last year, compared to about 20.8 million barrels in 2013, with a decrease of 2.2 million barrels, the report added.

In view of that, the government resorted to cover the gap between the amount of production and domestic consumption by importing quantities of fuel from abroad.

The value of the imported fuel in last year amounted to more than $ 2.1 billion, which was covered by the CBY, according to the report.

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UPDATED ON : Wed, 17 Jan 2018 11:42:03 +0300