Yemen Resumes Oil Output, Exports From Masila Fields

Discussion in 'Middle East' started by Margot2, Aug 27, 2016.

  1. Margot2

    Margot2 Banned

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    I am surprised that Yemen is back in business.. I believe that Hunt Oil pulled out and production has been nil for 16 months.. Plus there has been repeated episodes of sabotage over the past decade.

    Yemen Resumes Oil Output, Exports From Masila Fields
    Reuters
    Thursday, August 11, 2016 -

    Yemen has resumed production and exports from its Masila oil fields for the first time since a civil war began more than 16 months ago, state news agency sabanew.net reported on Aug. 11.

    The agency, which is run by the exiled government of President Abd-Rabbu Mansour Hadi, quoted oil minister Saif al-Sharif as saying Yemen also hoped to resume production from the Shabwa and Marib oil fields.

    Sharif said Yemen hoped to resume exporting oil and natural gas from Ras Isa Port on the Red Sea, and Balahaf on the Gulf of Aden, but gave no details on timing or quantity.

    An oil ministry official said last month that Yemen had sold 3 million barrels (MMbbl) of crude to commodities trader Glencore, drawing criticism from the main refinery struggling to provide fuel for local power stations.

    Yemen is a small producer with proven oil reserves of about 3 Bbbl, according to the U.S. Energy Information Administration (EIA).

    The impoverished country has been gripped by war pitting the Iran-allied Houthi group backed by troops loyal to ex-President Ali Abdullah Saleh against the internationally recognized Hadi government, which is backed by Saudi Arabia.

    Hadi's government has regained control of large parts of the country's south and east in the past year.


    Most foreign oil companies left the country after the war began in March 2015. The EIA said nearly all output from Yemen's oil and natural gas fields had been shut since the war began.

    Yemen pumped an average of about 127 Mbbl/d in 2014, but output declined to about 44 Mbbl/d in July 2015, the EIA said.

    Yemen has two primary crude streams: the light and sweet Marib and the medium-gravity and more sulfur-rich Masila. According to the government, the southeast Masila Basin holds more than 80% of the country's reserves, an EIA report said.


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    http://www.epmag.com/yemen-resumes-oil-output-exports-masila-fields-1190076#p=full
     
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  2. waltky

    waltky Well-Known Member

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    They gonna try another truce...
    :fingerscrossed:
    Yemen conflict: Truce to start on Thursday, says UN envoy
    Mon, 17 Oct 2016 - A 72-hour truce in conflict-ravaged Yemen is set to begin on Thursday, the UN special envoy announces.
     
  3. Deckel

    Deckel Well-Known Member Past Donor

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    Translation: Let's take 3 days to resupply and start fighting again.
     
  4. waltky

    waltky Well-Known Member

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    Cholera outbreak in Yemen...
    :omg:
    WHO: Yemen's Suspected Cholera Cases Soar
    October 28, 2016 — The number of suspected cholera cases in Yemen has ballooned to 1,410 within three weeks of the outbreak being declared, the World Health Organization said on Friday, as 18 months of war has destroyed most health facilities and clean water supplies.
    See also:

    Half of Yemen’s Conflict-Ridden Population Living in Crisis
    October 28, 2016 — The World Food Program warns half of Yemen’s 24 million people are living in a state of crisis, with more than seven million going hungry every day. The WFP says it urgently needs more than a quarter-billion dollars to provide food aid to people suffering from hunger, war and disease.
     
  5. waltky

    waltky Well-Known Member

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    Whole family wiped out by Saudi airstrike...
    :omg:
    Family of 11 killed by airstrikes in Yemen
    Saturday 29th October, 2016 - Yemeni security officials say a family of 11 people was killed in a Saudi-led coalition airstrike in the war-torn western city of Taiz.
     
  6. Margot2

    Margot2 Banned

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    No question that its very bad.. The president rejected a peace agreement today.. Cholera and famine are taking their toll.
     
  7. waltky

    waltky Well-Known Member

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    Granny says, "Dat's wrong - lil' girls an' boys shouldn't go hungry...
    :grandma:
    U.N. seeks $2.1 billion to avert famine in Yemen
    February 8, 2017 - The United Nations appealed on Wednesday for $2.1 billion to provide food and other life-saving assistance to 12 million people in Yemen who face the threat of famine after two years of war.
     

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