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Yemen continues oil exports to China

Yemen is a significant supplier of oil to China

Yemen continues oil exports to China
Yemen continues oil exports to China

Despite the escalating violence in the country, Yemen has managed to continue oil exports this week, according to news agency Reuters.
The Tai Hung San, a 2 million barrel Very Large Crude Carrier (VLCC), departed from the Yemeni port of Ash Shihr, bound for the Chinese port of Qingdao.

Despite tumbling oil production levels in recent years, Yemen has emerged as a significant supplier of oil to China.

Warplanes hit the Yemeni capital of Sanaa overnight and after daybreak on Monday, residents said, marking the fifth day of the Saudi-led campaign.

Trading sources estimate Yemen’s oil exports before the start of the air strikes at around 100,000 barrels per day, with production of approximately 140,000 bpd.

Staff Writer

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