For Free Headlines Submit Your Email
Thursday, October 17, 2019 5:58 GMT
Yemen’s Safer oil company resumed pumping oil from its fields in Shabwa in southern Yemen to a terminal on the Arabian sea for export abroad, a company official told Reuters on Wednesday. Safer, owned by the internationally recognized government of Yemen, is currently pumping at a rate of 5,000 barrels per day and expects to ramp up pipeline throughput to 15,000 barrels per day, the official said. Yemen’s oil output has collapsed since 2015 when a Saudi-led military coalition intervened in...More