July 11, 2020

Yemen aims to raise oil output 25% within months, minister says

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Yemen aims to raise oil output 25% within months, minister saysYemen aims to raise its crude oil production by 25% to 75,000 barrels per day in the coming months, the energy minister of the country’s internationally-recognised government said. Saudi-backed Abd-Rabbu Mansour Hadi’s government controls the eastern and southern areas where Yemen’s oil-and-gas fields are located, while the Iranian-aligned Houthi group controls the capital Sanaa and the oil terminal of Ras Issa on the Red Sea. “The oil ministry has put forward a plan to re-export crude oil from all oil fields in Marib and Shabwa … and we have succeeded in rehabilitating al-Nashama oil port on the Arabian Sea,” Hadi’s government energy minister Aws Abdullah al-Awd told Reuters in an interview.

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