Saudi Press

Saudi Arabia and the world
Monday, Jun 02, 2025

New batch of Saudi oil derivatives arrives at Al-Mahra Governorate

New batch of Saudi oil derivatives arrives at Al-Mahra Governorate

A new batch of Saudi oil derivatives grant provided to the Republic of Yemen arrived in Al-Mahra Governorate, amounting to 5,500 metric tons of diesel that will feed the power plants in Al-Mahra Governorate.
The batch includes 4,000 metric tons shipped by sea, and 1,500 metric tons shipped by road transport.The shipments were received by the Governor of Al-Mahra Muhammad Ali Yasser and Eng. Abdullah Basliman, director of the Saudi Development and Reconstruction program for Yemen (SDRPY) in Hadramout and Al-Mahra governorates, and representatives of the Yemeni Oil Company, the Electricity and Energy Company in Yemen.

The grant contributes to alleviating the burden on the budget of the Yemeni government, to reduce the depletion of hard currency by the Central Bank of Yemen to purchase oil derivatives from international markets, to raise and improve the productive power, lives of the Yemeni citizen, improve the impact on the economic, health, educational and service fields, and to reduce frequent power outages that affect daily living.

The SDRPY worked with the Yemeni government to develop integrated governance mechanisms for oil derivatives. The Yemeni government has formed a supervision, oversight and follow-up committee from all relevant Yemeni ministries and authorities and linked it to an executive program and a control mechanism that ensures that grants reach beneficiary stations with high reliability to ensure actual access to beneficiaries, and to ensure the use of oil derivatives for what they are allotted.

The joint committee has scheduled the shipments of the Saudi oil derivatives grant, which contributes to helping the Yemeni government direct its expenses, and to use of the sums that were allocated for the purchase of oil derivatives to support the item of civil servants’ salaries.

The Saudi Program for the Development and Reconstruction of Yemen in Aden is among 198 development projects and initiatives that it has implemented in various Yemeni governorates to meet the needs of the Yemenis in seven basic sectors: education, health, water, transportation, agriculture, fisheries, and to raise capacity building of government institutions.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
The Daily Debate: The Fall of the Dollar — Strategic Reset or Economic Self-Destruction?
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
Saudi-Spanish Business Forum Commences in Riyadh
Saudi Arabia and Spain Sign MoU to Boost SME Sectors
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
A Chinese company made solar tiles that look way nicer than regular panels!
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
Saudi Arabia Emerges as Global Tech Magnet with U.S. Backing and Trump’s Visit
This was President's departure from Saudi Arabia. The Crown Prince personally escorted him back to the airport.
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
Trump takes a blow torch to the neocons and interventionists while speaking to the Saudis
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
Why Saudi Arabia Rolled Out a Purple Carpet for Donald Trump Instead of Red
Elon Musk Joins Trump Meeting in Saudi Arabia
Trump says it would be 'stupid' not to accept gift of Qatari plane
Quantum Computing Threatens Bitcoin Security
×