Sixth Shipment of Saudi Oil Derivatives Grant Arrives at Aden Port

Saturday 1443/5/28 - 2022/01/01
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Aden, January 01, 2022, SPA -- The sixth shipment of the Saudi oil derivatives grant provided by Saudi Arabia, represented by the Saudi Development and Reconstruction Program for Yemen (SDRPY), has arrived at the oil port of Aden, with quantities amounting to 60,000 metric tons of diesel and 30,000 metric tons of mazut, bringing the total amount of oil derivatives that have been supplied since the beginning of the grant to 506,000 metric tons to meet the monthly needs of the Yemeni power stations.
The oil derivatives grant comes as an extension of the Kingdom of Saudi Arabia’s support to Yemen in all fields, in addition to previous grants of oil derivatives amounting to more than $4.2 billion, while the total quantities of oil derivatives stand at 1,260,850 metric tons, worth $422 million.
In a statement, Yemeni Minister of Electricity Dr. Anwar Kalashat said the Saudi oil derivatives grant has a very big impact on the economic level and on the level of providing electrical services in various regions, citing the great suffering before the grant due to the shortage of fuel supplies, which used to cause recurring power cuts for many days.
Praising the Kingdom’s support provided through the SDRPY for the Yemeni electricity sector, the Undersecretary of the Ministry of Electricity and Energy Abdul Hakim Fadel said this support had a great impact on people’s lives and saved the Yemeni government millions of dollars.
Meanwhile, the Director of the SDRPY office in Aden, Ahmed Madkhali, reiterated that the oil derivatives grant is a continuation of the Kingdom’s support to Yemen, a reflection of the strong ties between the two countries.
The oil derivatives grant is part of SDRPY support, which has provided more than 204 development projects and initiatives implemented in various Yemeni governorates to serve the Yemeni citizens in seven key sectors including education, health, water, transportation, agriculture and fisheries, and capacity-building of government institutions, in addition to other development programs.
21:22 LOCAL TIME 18:22 GMT