Yemen News Agency (SABA)
Home      Revolution Leader   About President   Local   International   US-Saudi Aggression   Economy   Reports   development and community initiatives  
فارسي | Español | Deutsch | Français | عـربي | RSS Feed
Search | Advance Search
 
  Local
Armed Forces announce implementation of four military operations in occupied Palestinian Territories
[01 July 2025]
Speech by Leader Al-Sayyid Abdul Malik Badruddin Al-Houthi in Anniversary of Prophet's Hijrah & Latest Developments
[01 July 2025]
Brigadier General Saree: Important statement by Armed Forces at 11:20 PM
[01 July 2025]
Meeting of Foreign Ministry Leadership reaffirms full support for Military Front in confronting aggression
[01 July 2025]
Closing of Charity Medical Camp in Al-Sadda District, Ibb
[01 July 2025]
 
  International
Israeli Occupation Forces Raid Several Towns and Cities in West Bank
[02 July 2025]
Rights Center Condemns Denial of Access to Missing Persons in Gaza and Red Cross Inaction
[02 July 2025]
Araghchi: Europe’s wrongful positions make diplomatic path more difficult
[01 July 2025]
Muscat: Iran Nuclear talks to resume if conditions are right
[01 July 2025]
Gaza Civil Defense: 70 Martyred in strikes on 25 homes, five civilian gatherings
[01 July 2025]
 
  Reports
Trump Administration’s Policy failure in face of Iran’s victory in recent war
[01 July 2025]
Trump, Bond Market, and Uncertainty in US Economy
[01 July 2025]
What did Zionist entity achieve through its aggression against Iran?
[01 July 2025]
Tehran After American Aggression: What About investing in current moment?
[29 June 2025]
Million-person marches in capital & provinces bless Iran’s victory & reaffirm steadfastness with Gaza
[27 June 2025]
 
  US-Saudi Aggression
US-Saudi-Emirati crimes on this day in history
[01 July 2025]
US-Saudi-Emirati crimes on this day in history
[30 June 2025]
US-Saudi-Emirati crimes on this day in history
[29 June 2025]
US-Saudi-Emirati crimes on this day in history
[28 June 2025]
US-Saudi-Emirati crimes on this day in history
[27 June 2025]
  Local
 3 Months' salaries equivalent.. 180 billion riyals, total oil, and gas revenues looted by mercenaries last May
3 Months' salaries equivalent.. 180 billion riyals, total oil, and gas revenues looted by mercenaries last May
3 Months' salaries equivalent.. 180 billion riyals, total oil, and gas revenues looted by mercenaries last May
[Mon, 13 Jun 2022 10:58:00 +0300]



SANA'A, Jun. 13 (Saba) - At a time when the Yemeni people are living in difficult economic conditions, as a result of aggression, blockade, and economic war, which have put them in the face of the worst humanitarian famine in the world, according to the United Nations classification, the mercenary government, and the US-Saudi aggression, insists on continuing to cut the salaries of state employees and retirees and to compound the suffering of Yemeni citizens further.

At the same time, the mercenary government continues to loot oil and gas revenues which have been the mainstay of the Yemeni economy for decades, covering 80% of the state's general budget to accounts and balances outside the country.

A source confirmed Sunday to Saba that in the context of the looting of crude oil and gas revenues by mercenaries during the month of May, the total value of what was sold amounted to about 180 billion riyals, which is enough to pay the salaries of the state employees for about three months.

He pointed out that mercenaries continue to plunder crude oil, by selling millions of barrels by giant ships that come almost monthly to the ports of AShihr, Al-Nashima, Bir Ali, and others, as shown by international traffic monitoring sites, where the Chinese carrier "Apolytares" arrived at the port of AShihr last May and loaded more than 2 million barrels, worth more than $270 million, equivalent to 162 billion Yemeni riyals.

A source in the Ministry of Oil and Minerals of the National Rescue Government, in a statement, indicated that the aggression and its mercenaries export at least one shipment of this type a monthly, as the Chinese tanker itself docked on April 10th in the port of AShihr, and loaded 2.3 million barrels of crude oil.

At the time, the source expressed the ministry's strong condemnation of the continued aggression and its mercenaries in plundering oil revenues, estimated at hundreds of billions per month, at a time when it deliberately cuts the salaries of state employees and invests in the suffering of the Yemeni people, calling on the Yemeni people to raise their voices and demand the restoration of their rights and prevent their looting.

The source also called on the United Nations and the international community to stop the systematic looting of oil and gas wealth by the U.S.-Saudi aggression and its mercenaries.

With regard to the looting of domestic gas revenues, from which 75 trailers are sold daily, according to the mercenary government in Marib, the total sale of domestic gas in May alone reached 2,325 trailers, containing 4.8 million cylinders, and a value of 3,568 riyals per cylinder, which means that the revenues of domestic gas received by the mercenaries of aggression last May amounted to 17.2 billion riyals.

This seven-year looting has been going on in public, with the mercenary government acknowledging that revenues from the sale of crude oil increased by 100 percent in 2021 to more than $1.4 billion, compared to $710.5 million in 2020. According to mercenaries, the total value of crude oil sold in 2020-2021 was more than $2.2 billion, equivalent to 1.3 trillion riyals, covering the payment of salaries to state employees for 18 months.

It should be noted that the figures approved by the mercenary government for crude oil sales, although large, do not reflect the reality and the actual quantities they have sold, which means that the revenue sought by the mercenary government is much higher than announced.

Therefore, all proceeds from the sale of crude oil and domestic gas are not only looted by the Mercenary Government, but continue to plunder billions of dollars in the land, sea, and airport revenues, oil derivatives and fisheries, customs and tax revenues, and of service revenue institutions tributaries and others.

This comes at a time when the salaries of state employees have been cut for nearly six years, following the transfer of central bank jobs to Aden in September 2016 and the seizure of all revenues by mercenaries.

E.M

resource : SABA

Whatsapp
Telegram
Print

  more of (Local)
UPDATED ON :Wed, 02 Jul 2025 00:20:40 +0300