Southern activist reveals who holds oil revenues in Shabwa

SHABWA, July 19 (YPA) – Southern lawyer and human rights activist Akram al-Shateri on Sunday revealed the volume of oil exports in Shabwa province, and the party controlling its revenues, in addition to companies operating in the oil sector in the province.

Al-Shateri explained, in a post Saturday on his page on Facebook, that three companies that extract oil in Shabwa, namely “Safer, OMV and Calvalley”. They pump through the Russian pipeline belonging to the Yemeni Company for Oil and Mineral Investments “YCOM”, at a rate of about 20 thousand barrels of crude oil per day.

He confirmed that the proceeds from crude oil in Shabwa are being deposited into an account in the National Bank in Saudi Arabia, at the disposal of the Minister of Oil in the “Hadi’s government” Ossan al-Oud, and director of Hadi’s office Abdullah al-Alimi, under the supervision of the military leader in “Islah Party” General Ali Mohsen al-Ahmar , Who runs the oil file in Shabwa.

The oil revenues are not deposited into the Central Bank of Yemen, but rather go to the pockets of the corrupt, and are not used in the local development in Shabwa and the rest of the provinces, al-Shateri added.

Al-Shateri indicated that the value of the daily revenues from crude oil, at a price of 40 dollars per barrel, reaches 800 thousand dollars per day, which is equivalent to half a billion Yemeni riyals per day, accusing the office of “YCOM” company of being behind the process of plundering Shabwa oil revenues.

The pumping of crude oil takes place at the end of each month through the port of Al-Nushima to the marine tankers, to be exported and sold outside the country, and then the oil revenues are taken by the corrupt in the Islah Party, he explained.

YPA