Contact Us


About Us


This page is the English version of Almasirah Media Network website and it focuses on delivering all leading News and developments in Yemen, the Middle East and the world. In the eara of misinformation imposed by the main stream media in the Middle East and abroad, Almasirah Media Network strives towards promoting knowledge, principle values and justice, among all societies and cultures in the world

Minister of Oil: 130 Million Barrels of Oil Looted Since 2018

News - Yemen: The Minister of Oil and Minerals, Ahmed Daris, reported that the US-Saudi aggression and its mercenaries have recently increased the amount of crude oil production to reach 91,150 barrels per day, with more than two million and 700 thousand barrels per month.

He pointed out that the Salvation Government is able to pay the salaries of all state employees if it takes over the oil and gas sector and its revenues are deposited in the Central Bank in Sana'a.

Daris pointed out that the total amount of crude oil looted by the aggression countries and their mercenaries since 2018 until this July amounted to 130 million barrels, with a value of more than 9 billion dollars.

Minister Daris condemned the continued detention of fuel ships by the navy of the US-Saudi aggression, especially in light of the truce.

Recently, Daris indicated that the quantities are smuggled through Al-Nashima and Al-Daba and carried on old ships, and there are millions of barrels looted without being registered.

He stressed that what is being looted is huge amounts that are completely sufficient for the Yemeni people, and the people should know that their wealth is being looted while they are struggling to find a salary.

He stated that there are other staggering revenues other than these sales figures, and they are collected from gas sales and the Marib and Aden refineries.

The minister wondered about this huge amount, estimated at more than 9 billion and 490 million dollars, where did it go and to what special accounts it was received in the National Bank of Saudi Arabia, while the people suffered greatly.

The Minister of Oil called on the complicit oil companies participating in the looting process to abide by the agreements concluded with the Ministry of Oil in the capital, Sana'a, warning them against the consequences of persisting in looting, which will expose them to the legal liability.

“There are illegal agreements and manipulation with foreign companies, including Schlumberger and Total, that manipulate buying and selling operations in the oil sector,” he added.

He stated that the ministry sent notices to companies that they must abide by the international agreements they signed, and that violations will not be recognized and will be dealt with firmly.

Daris pointed out that international law prohibits any country from interfering in any of the affairs of producing and investing oil or wealth in any other country, and Sana’a position is consistent with this trend.

He explained that the agreements stipulate the designation of the Central Bank in Sana’a as the only entity authorized to supply oil and gas revenues, and any violation will be held accountable and bear all responsibility.

He stressed that the companies must supply the amounts to the entity authorized to receive the price of the oil, and the supply of any amount can only be recognized to the Central Bank in Sana'a, and there will be no tolerance for any violation.

He pointed out that the companies that agreed with the aggression bear full responsibility for their involvement in the looting of Yemen's wealth and will not be far from accountability.

Minister Daris reiterated the Salvational Government's readiness to fully disburse salaries from oil and gas if all oil and gas revenues were supplied to Sana'a.

At a high rate, the forces of aggression continue the series of organized looting of the country's sovereign wealth of oil and gas. 

The head of the National Delegation Mohammad Abdulsalam has warned foreign companies that contribute to the looting of Yemen's wealth that they will not be safe from the targeting cycle after the end of the UN-brokered truce.

#Yemen #Ministry of Oil and Minerals #US-Saudi Aggression #US-Saudi Looting of Oil About 1 year
who are we

This page is the English version of Almasirah Media Network website and it focuses on delivering all leading News and developments in Yemen, the Middle East and the world. In the eara of misinformation imposed by the main stream media in the Middle East and abroad, Almasirah Media Network strives towards promoting knowledge, principle values and justice, among all societies and cultures in the world

copyright by Almasirah 2024 ©

Close gallery