Two months worth of refined products bound for stricken Arab state
Saudi Arabia will supply Yemen with enough refined oil products to cover its requirements for two months as the country struggles to bring its downstream oil sector back on line.
The donation was announced following a meeting between King Abdullah and Yemen’s new president Abd-Rabbu Mansour Hadi in Riyadh, according to state-run Saba news agency on 26 March.
The city will host a donor conference for Yemen in May. Saudi Arabia has previously provided crude oil shipments to its neighbour to make up for shortfalls after attacks on the Marib oil pipeline in the centre of Yemen caused widespread fuel shortages.
The pipeline carries crude oil from oilfields in the Marib province to the Ras Isa terminal on the Red Sea. Some of the crude is shipped to the Aden Refinery which was forced to cut production in November to only 40,000 barrels a day (b/d), from 150,000 b/d normally as crude oil supplies ran out.