The material losses of the oil sector due to the war exceeded 123 billion dollars.
According to al-Masirah, Ahmed Dares, Yemen’s Minister of Oil and Metals, announced the amount of damage caused to the country’s oil sector due to aggression against Yemen.
During these words, Dares stated: The material damages caused to the oil sector as a result of the attack on Yemen have exceeded 123 billion dollars.
The Minister of Oil and Metals of the National Salvation Government of Yemen further pointed to the value of resources stolen by the aggressors and their mercenaries and added: From 2018 to February 2023, more than 10 billion dollars of Yemen’s oil and metal resources were looted by the aggressors and mercenaries.
He announced that despite the hunger crisis of the Yemeni nation and their sufferings, these looted amounts have been deposited in private banks in Saudi Arabia and the UAE.
Referring to the importance of the oil and metals sector, Dares said: The oil sector is one of the most important economic sectors for the growth and development of the country.
While referring to the all-round blockade of Yemen, he emphasized that in the shadow of the sea, air, and land blockade of the country, the oil sector played an important role in preventing crises and responding to the needs of the society with the cooperation of the executive and legal authorities.
The Minister of Oil and Metals of the Government of National Salvation of Yemen, referring to the actions of this government in the field of oil, said: The Ministry of Oil and Metals has tried to implement the orders of the Leader of the Revolution and the Supreme Political Council of Yemen regarding the construction of a complex of oil derivatives tanks. In this regard, a large set of emergency tanks was built to meet the needs of the country in the field of oil derivatives.
He went on to emphasize Yemen’s ability to produce oil and gas and oil derivatives with the cooperation and efforts of all and announced that continuous measures are being taken to increase reservoirs and invest in oil and gas fields.