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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

Oil, Gas Revenues Looted by Saudi-mercenaries Enough to Pay Salaries

News - Yemen: The Undersecretary of Ministry of Finance, Ahmed Hajar, confirmed that the oil and gas revenues, which are plundered by the US-Saudi aggression and its mercenaries, cover the salaries in all governorates and with a surplus of about 10%.

He explained that the total salaries of state employees, including the occupied territories, amount to about 94 billion riyals per month (1 trillion and 128 million riyals annually).

He considered that the continuation of the US-Saudi aggression in refusing to pay salaries, despite not bearing any costs, aims only to create popular suffering.

The Undersecretary of Ministry of Civil Service, Yahya Al-Amir, pointed out the importance of a guarantor and continuous mechanism for the payment of salaries.

For its part, President Mashat condemned the continuous looting of the oil and gas resources of the Yemeni people by the mercenaries of the US-Saudi aggression.

“The price of this looted wealth is deposited in the National Bank of Saudi Arabia, while the Yemeni people suffer from the lack of services and the interruption of salaries due to the brutal US-Saudi aggression and the unjust siege on our country,” he added.

He stressed that the oil and gas revenues looted by the mercenaries of the aggression are sufficient to disburse the salaries of all state employees, retirees' pensions, and achieve broad development at the national level.

Mashat stressed that the payment of salaries and pensions is a natural entitlement for all employees and retirees.

He stressed that the Yemeni people will not remain silent about the continued looting of their wealth and capabilities, which are transformed into companies and real estate for mercenaries abroad, while the Yemeni people suffer greatly as a result of the US blockade and brutal aggression.

The total revenues of crude oil and domestic gas looted by the Saudi-mercenaries in the past four months is about 919.66 million dollars, equivalent to about 551.8 billion Yemeni riyals. It would have covered the salaries of all state administrative employees for more than seven months, at 77 billion Yemeni riyals for each month.

The looted crude oil is about 8.3 million barrels, with a total value of up to 801 million dollars, equivalent to 480.6 billion Yemeni riyals. The domestic gas sold by the Saudi-backed government is about 232.5 thousand tons, which is equal to 20 million cylinders, with a total of 71.2 billion Yemeni riyals.

Yemeni crude oil was subjected to a series of continuous looting by Saudi-mercenaries. On April 10, the foreign ship Politaris arrived at the Dabba port in Hadramout to loot 2.3 million barrels. Its total value is approximately $267 million. While the Indian ship SEAVELVET arrived on the 25th of the same month at Al-Nashima port in Shabwa governorate to loot one million barrels, with a total value of 106 million dollars. On May 31, the foreign ship Apolitaris arrived at the port of Ash-Shihr in Hadramout to loot more than 2.2 million barrels, with a total of more than $270 million.


On the 26th of last June, the ship Golf Aetos arrived at the Radhum port in Shabwa governorate to loot 400,000 barrels, with a total value of $44 million. It was followed by three days later, on the 29th of the same month, the arrival of the Emirati ship lSABAELL to the port of Al-Nashima in Shabwa to loot nearly one million barrels, worth 114 million dollars.

During April 2 - August 2, 2022, the Saudi-backed government sold 9,300 trailers distributed in 20 million cylinders. With a total of 232.5 thousand tons, with a total value of 71.2 billion Yemeni riyals. A monthly rate of 2325 trailers, in which five million cylinders are distributed from the company per month, with a total value of 17.8 billion riyals. The price per cylinder is 3576 riyals.

#Yemen #US-Saudi Aggression #Minister of Finance #Oil and Gas Revenues 22-10-06
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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

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