YEMEN Press Agency

Newspaper: Saudi Arabia prepares agreements to enforce its acquisition of Yemen’s resources

SANAA, June 26  (YPA) – The Saudi occupation ambassador to Yemen Mohammed al-Jaber is leading a plan to sign an agreement with Hadi’s government under the framework of the so-called Saudi Program for the Development and Reconstruction of Yemen, London-based newspaper al-Arabi al-Jadeed reported.

According to the Newspaper, the aim of this agreement if to take control over many Yemeni oil and gas economic sites and transportation, and to supervise some strategic areas and provinces.

Al-Arabi al-Jadeed newspaper added that after the capture of Socotra, the next round will be on resources and wealth such as oil and other important strategic sites such as Mahrah province.

A leaked document issued by the Ministry of Oil in Hadi’s government on the terms of an agreement planned to be signed between Hadi’s government and the Saudi Program for the Development and Reconstruction of Yemen, under which the program will be acquired through the Saudi national company “Aramco” on the sectors of the so-called “Black Triangle” oil in the eastern regions of Yemen, located along three provinces of Marib, Jawf and Shabwah, for 40 years, according to the newspaper.

The newspaper quoted sources as saying that Saudi Arabia refuses to renew the dollar deposit in the central bank, and requires to renew it bowing to the government, and sit with the  Southern transitional council (STC)   to discuss the implementation of the Riyadh agreement according to the Saudi formula modified and new data on the ground, after the takeover of Aden and Socotra island by the UAE-backed allies.

According to the sources: “In addition to this agreement on some understandings  such as the agreement on the exploitation and management of the fields of eastern Yemeni oil and granting them the privileges of the right to explore in the oil and gas sector of Marib and Jawf and sector 4 in Shabwah.”

E.M