Saudi Press

Saudi Arabia and the world
Wednesday, Oct 08, 2025

Third batch of Saudi oil derivatives grant arrives in Aden

The 3rd batch of the Saudi oil derivatives of 45,000 metric tons of diesel and 30,000 metric tons of diesel arrived today at the oil port in Aden, as part of Saudi Arabia’s continuous support to the Yemeni people.
The support came following directives by Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed Bin Salman. It also came in response to a request by the Yemeni government to help provide oil derivatives to operate more than 70 power generation plants across Yemen.

The new oil derivatives grant is an affirmation of Saudi Arabia’s keenness to achieve security, stability, and development for the Yemeni people, and an extension of previous grants totaling $4.2 billion, the latest of which was a grant of $422 million.

The grant was completed over a year and contributed to economic stability, enhancing the budget of the Yemeni government, raising the purchasing power of Yemeni citizens and improving security conditions.

It also contributed to improving the service sector, developing citizens' lives, increasing the rate of daily service hours for the operation of power plants, and ensuring the self-operation of power plants in Yemen.

The previous oil derivatives grant provided by the Saudi Development and Reconstruction Program for Yemen (SDRPY) contributed to partially reducing government spending in a way that feeds the Yemeni economy by reducing the burden of spending on the government.

It also doubled the production capacity, and reaching the target of 3119 GW/h during the operating period of the stations, in addition to covering the needs of power generating stations in Yemen.

It also contributed to limiting the depletion of the Central Bank of Yemen in foreign currency reserves to purchase oil derivatives to generate electricity from global markets, by reducing fuel selling prices from international prices for electricity generation by 79% for diesel fuel, and 94% for kerosene from May 2021 to April 2022.

Moreover, the previous oil derivatives grant provided electric power to the 760,000 subscribers of the General Electricity Corp., with an average consumption of 37 kilowatt-hours per subscriber, benefiting 9,800,000 people, thus contributing to raising the Public Electricity Company’s revenues and saving around 20% of the Yemeni government’s budget.

The new Saudi oil derivatives grant contributes to operating 70 power plants, that directly operate hospitals, medical centers, roads, schools, government facilities, airports, and ports. It will also enhance commercial and economic movement, which contributes to improving all aspects of life throughout Yemen.

SDRPY seeks, through the oil derivatives grant, to contribute to achieving the stability of the Yemeni economy, as well as to contribute to the rehabilitation of the infrastructure in the electricity sector in Yemen, and the restoration of basic services that have a direct impact on the Yemeni people.

The previous oil derivatives grant had a direct impact through an increase in the rate of operating average hours of electricity supply in several regions, as it increased in Aden by 20% from May 2021 to April 2022.

This boosted trade movement by increasing working hours in shops and markets and contributed to enhancing the reliability in the production of power and the stability of the electrical system.

The grant also contributed to reducing the difference between produced energy and sold energy by 21% during the supply duration of oil derivatives to power plants, especially in Aden.

The Saudi oil derivatives grant is part of the support of the SDRPY, which has offered 224 development projects and initiatives across Yemeni governorates to serve Yemenis in seven main sectors: education, health, water, energy, transport, agriculture and fishery, and building the capacity of government institutions, in addition to other development programs.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Wave of Complaints Against Apple Over iPhone 17 Pro’s Scratch Sensitivity
Syria Holds First Elections Since Fall of Assad
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
Nvidia and Abu Dhabi’s TII Launch First AI-&-Robotics Lab in the Middle East
UK, Canada, and Australia Officially Recognise Palestine in Historic Shift
New Eye Drops Show Promise in Replacing Reading Glasses for Presbyopia
Dubai Property Boom Shows Strain as Flippers Get Buyer’s Remorse
Top AI Researchers Are Heading Back to China as U.S. Struggles to Keep Pace
JWST Data Brings TRAPPIST-1e Closer to Earth-Like Habitability
UAE-US Stargate Project Poised to Make Abu Dhabi a Global AI Powerhouse
Trump and Starmer Clash Over UK Recognition of Palestinian State Amid State Visit
Saudi Arabia cracks down on music ‘lounges’ after conservative backlash
Saudi Arabia Signs ‘Strategic Mutual Defence’ Pact with Pakistan, Marking First Arab State to Gain Indirect Access to Nuclear Strike Capabilities in the Region
Sam Altman sells the 'Wedding Estate' in Hawaii for 49 million dollars
Turkish car manufacturer Togg Enters German Market with 5-Star Electric Sedan and SUV to Challenge European EV Brands
World’s Longest Direct Flight China Eastern to Launch 29-Hour Shanghai–Buenos Aires Direct Flight via Auckland in December
New OpenAI Study Finds Majority of ChatGPT Use Is Personal, Not Professional
Kuwait opens bidding for construction of three cities to ease housing crunch.
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
Could AI Nursing Robots Help Healthcare Staffing Shortages?
Turkish authorities seize leading broadcaster amid fraud and tax investigation
Qatari prime minister says Netanyahu ‘killed any hope’ for Israeli hostages
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Big Oil Slashes Jobs and Investments Amid Prolonged Low Crude Prices
Social Media Access Curtailed in Turkey After CHP Calls for Rallies Following Police Blockade of Istanbul Headquarters
Did the Houthis disrupt the internet in the Middle East? Submarine cables cut in the Red Sea
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Tether Expands into Gold Sector with Profit-Driven Diversification
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
×