Saudi Arabia Delivers New Batch of Oil Supplies to Yemen's Al Mahra : vimarsana.com

Saudi Arabia Delivers New Batch of Oil Supplies to Yemen's Al Mahra


Sunday, 4 July, 2021 - 06:15
Al Mahra Governor and SDRPY Director for Al Mahra Governorate receiving the Saudi oil grant (Asharq Al-Awsat)
Riyadh - Asharq Al-Awsat
Yemen’s Al Mahra governorate has received a new batch of Saudi oil derivatives, delivered as part of a grant initiative by the neighboring Kingdom. This time, the fuel delivery amounted to 5,500 metric tons of diesel that are meant to feed power plants across Al Mahra.
Made through the Saudi Development and Reconstruction Program for Yemen (SDRPY), the transfer involved transporting 4,000 metric tons by the sea and 1,500 tons by land.
The shipment will help reduce budget burdens suffered by the Yemeni government, limit the Yemen Central Bank’s spending of hard currency on fuel supplies from global markets, and stabilize the Yemeni rial’s exchange rate.

Related Keywords

Saudi Arabia , Yemen , Yemeni , Saudi , Muhammad Ali Yasser , Abdullah Basliman , Al Mahra Eng , Lal Mahra , Saudi Development , Yemeni Oil Company , Energy Company , Reconstruction Program For Yemen , Yemen Central Bank , Reconstruction Program , சவுதி அரேபியா , யேமன் , சவுதி , முஹம்மது அலி ய்யாஸர் , அல் மஹ்ரா , சவுதி வளர்ச்சி , ஆற்றல் நிறுவனம் , புனரமைப்பு ப்ரோக்ர்யாம் க்கு யேமன் , யேமன் மைய வங்கி , புனரமைப்பு ப்ரோக்ர்யாம் ,

© 2024 Vimarsana