Arab Today, arab today yemen loses 383m due to oil pipeline sabotage in 2014
Last Updated : GMT 11:18:27
Arab Today, arab today
Arab Today, arab today

Yemen loses $383m due to oil pipeline sabotage in 2014

Arab Today, arab today

Arab Today, arab today Yemen loses $383m due to oil pipeline sabotage in 2014

Sanaa - QNA

Yemen has lost $ 383 million during the first quarter of 2014due to the sabotage attacks on oil pipeline. A statement released by the Central Bank of Yemen (CBY) carried by Yemen NewsAgency (SABA), pointed out that the government’s share ,as a result of those attacks,fell to about 3.1 million barrels during the period, compared to 6.8 million barrelsin the corresponding period of 2013, with a decrease of 3.3 million barrels.Accordingly, Yemen’s revenues from the value of exports decreased during the firstquarter of 2014 to $ 348 million compared to about $ 731 million during thecorresponding period of the last year , with a decline of $ 383 million.The largest decline in Yemen’s revenues from oil exports was recorded last March,as the government did not reap only $ 44 million.The central bank said that volumes exported in March, did not exceed 396 thousandbarrels of the total 1.42 million barrels supposed to be exported during the samemonth, but the sabotage attacks caused the delay in shipping the rest of thequantity until the first of April.The bank said that the sabotage assaults resulted in reducing the quantity of oilallocated for domestic consumption to 4.9 million barrels during the first quarter ofthis year, with a decline of 1.25 million barrels from the same period in 2013.To redress such deficit, the government often resort to hiring Aden RefineryCompany to import petroleum products from abroad, while the Central Bank shallcover the import bill.The value of the imported quantity of the oil products amounted, during the firstthree months of this year, to $ 746 million.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today yemen loses 383m due to oil pipeline sabotage in 2014 Arab Today, arab today yemen loses 383m due to oil pipeline sabotage in 2014

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom, China plunges into snow biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom, China plunges into snow biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues

GMT 21:32 2017 Friday ,24 February

Dubai announces crude oil price for May

GMT 13:37 2017 Thursday ,23 February

Oman oil price rises 30 cents

GMT 05:33 2017 Thursday ,23 February

Oil slips but close to multi-week high

GMT 17:44 2017 Wednesday ,22 February

Gasoline 98 octane price surges LL100
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday