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FINANCIAL NEWS
Yemen’s main oil export pipe repaired
09 Sep 2013
(MENAFN) Oil from Yemen’s main pipeline resumed pumping after repairs were completed following an attack, Xinhua reported.
The pipe, which was blown by tribesmen last week, transfers 110,000 barrels of oil per day from Marib province to an export terminal on the Red Sea.
Oil comprises 70 percent of the country’s budget, with oil and gas making up for 90 percent of Gulf state’s exports.
More News
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With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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