For Free Headlines Submit Your Email
Tuesday, February 19, 2019 5:19 GMT
The government in Yemen hopes to scale up its crude production to 110,000 barrels per day (bpd) in 2019, with exports touching about 75,000 bpd, the country’s oil minister said on Sunday. The government of Abed Rabbo Mansour Hadi controls the southern port city of Aden and areas holding Yemen’s oil-and-gas fields. The Houthi group controls the capital Sanaa and the oil terminal of Ras Issa on the western coast. Yemen’s oil output has collapsed since 2015 when the Arab-led military coalition...More