Sana'a: Yemen's oil revenues rose to $381m in June this year compared with $185m in the previous month, government announced on Tuesday.
Business | Oil & Gas
Yemen oil revenues hit $381m in June
The increase in revenues is attributed to the increase of government's share in the total monthly amount of oil barrels
- By Saeed Al Batati, Correspondent
- Published: 10:01 August 22, 2012
The increase in revenues is attributed to the increase of government's share in the total monthly amount of oil barrels which hit 3.85m barrels in June in comparison with 1.7m barrels in May.
The government has recently deployed military troops in the lawless province of Mareb to protect gas and oil pipelines from saboteurs who frequently target the pipelines to get concessions from government.
The country production of fuel was nearly paralysed in 2011 when armed men launched a wave of attacks on the pipelines that take crudes from Mareb to the Ras Isa export terminal on the Red Sea coast.
Business Editor's choice
-
Gadgets galore as Gitex Shopper Spring opens
Gadgetlovers throng Dubai World Trade Centre as the second Gitex Shopper Spring 2014 open its doors
-
How IPL could be a Gitex spoilsport
Retailers have mixed views on cricket matches affecting sales
-
US interested to take part in UAE growth
UAE-US Economic Policy Dialogue held in the UAE to strengthen economic ties between the two countries
