Saudi Arabia agreed to meet Yemen’s entire domestic fuel needs for April and May.
Yemen, the Arab world’s poorest country, will receive 500,000 metric tons of oil products worth $600 million in each of the months, state news agency Saba reported this week. Saudi Arabia will supply fuels including gasoline and diesel free of charge, Naser Shaif, a spokesman for Aden Oil Refinery Co., said today.
Yemen is producing crude at about half of its 250,000 barrel-a-day capacity and refineries aren’t receiving supply, Oil Minister Hisham Sharaf said in an interview last month.
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