The losses of the Yemeni oil sector exceed $ 45 billion as a result of the aggression

Sana'a - Sana

Yemeni Minister of Oil and Minerals, Ahmed Dars, revealed that the losses suffered by the oil, gas and minerals sector during the years of the Saudi aggression and blockade exceeded $ 45 billion, and that the thefts of the coalition from Yemeni oil exceeded $ 5 billion and 483 million.

Dars said during a press conference held in the capital, Sanaa, that the aggression’s control over the oil sector deprived the state budget of 75 percent of the resources that used to supply the state treasury with hard currencies, pointing out that the Petroleum Exploration and Production Authority and the Yemen LNG Company are among the most damaged oil installations. And large economic losses due to aggression.

He added: The volume of the aggression’s thefts of Yemeni crude oil for the years from 2018 to 2020 amounted to 5 billion 620 thousand and 415 dollars, indicating that the sums stolen from the sale of Yemeni oil were supplied to the National Bank of the Saudi regime and placed at the disposal of the coalition, as it spent it on its aggression and blockade of the Yemeni people.

At the end of the conference, the minister called on the United Nations and the international community to work for the release of the detained fuel ships to provide fuel for the vital and service sectors and to stop a humanitarian catastrophe as a result of the stopping of vital and service sectors from providing their services to citizens.

And he called for the necessity to neutralize fuel ships and not to exploit them on the political side, considering that the arrival of oil derivatives is a human and legal entitlement that cannot be exploited in aspects of extortion by the coalition of aggression.