Categories: Business

First batch of new Saudi oil grant to Yemen arrives in Aden


First batch of new Saudi oil grant to Yemen arrives in Aden
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Updated 8 sec ago

First batch of new Saudi oil grant to Yemen arrives in Aden

RIYADH: The first batch of a new oil derivatives grant from Saudi Arabia to Yemen arrived in Aden, state media reported on Wednesday.

The Saudi grant aims to supply oil derivatives such diesel and Mazut at a value of $200 million.  It will be used to operate more than 70 power stations across Yemen. 

The grant is delivered by the Saudi Development and Reconstruction Program for Yemen.  

It is a continuation of previous Saudi grants that contributed to providing stable and sustainable electricity in various Yemeni governorates. 

 

 



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