YEMEN Press Agency

Political official Detected of oil quantities stolen by UAE from Hadramout

SANAA, April 13 (YPA) – The head of the Political Bureau of “Southern Revolutionary Movement” Fadi Baaoum revealed the amount of oil exported through Dhabah oil port controlled by UAE.

Baum said that the average of UAE exports of Yemeni oil through Dhabah oil port exceeds 2 million barrels every 45 days, with a total value of 120 million US dollars with the price of $ 60 per barrel, according to the world price of Brent crude, although the oil of Hadramout sold at the price of Brent + 1 Dollars.

He pointed out that the UAE is exporting two shipments every three months with a total value of 240 million dollars. Accordingly, the value of exports of Hadramaut oil per month is 80 million US dollars.

Baaoum confirmed that most of the money goes to the High Commissioner of the United Arab Emirates, that he spends most of it for the war effort in the north and throw some of it to their militias.

He added that these amounts are the value of what is being only sold out of Hadramout oil, and the UAE is stealing huge sums from the oil of Shabwa and gas of Balhaf, which it completely controls by them, and that the UAE gives crumbs to some southern officials in return for thier silence and condones what UAE stole from Yemen’s wealth.

 

Sameera Hassn