Posted inNews

Yemeni pipeline bombed again

The country's 70,000 - 110,000 bpd pipeline has been closed.

Yemen gunman attack kills OMV employee
Yemen gunman attack kills OMV employee

Yemen’s main crude export pipeline was attacked by tribesmen on Saturday, forcing oil flows to be stopped, industry sources told Reuters.

Yemen’s oil and gas pipelines have repeatedly been sabotaged by insurgents or angry tribesmen since anti-government protests created a power vacuum in 2011, causing fuel shortages and slashing export earnings for the impoverished country.

Its main export pipeline carries around 70,000-110,000 bpd of Marib light crude an export terminal on the Red Sea.

“The pipeline was attacked by tribesmen. The damage is quite big and oil flow as stopped,” said an industry source, declining to be identified.

A long closure in 2011 forced Yemen’s largest refinery at Aden to shut, leaving the small producer dependent on fuel donations from Saudi Arabia and imports.

The demands of the tribesmen were not known, but in the past they have wanted relatives to be released from prisons or to protest against their unemployment.

Yemen’s stability is a priority for the United States and its Gulf Arab allies because of its strategic position next to top oil exporter Saudi Arabia and shipping lanes.

 

Staff Writer

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and...