Ben Daghr’s authorities unveil new price of oil derivatives in Aden

ADEN, May 15(YPA) – Officials of Saudi-backed Ben Daghr’s authorities on Tuesday said that an oil company in Aden province would limit a new price for oil derivatives.

The company’s branch director, Entasar al-Arashah, said that the company intends to open several stations to sell oil derivatives at a new price of YR 6,300 for “20 liters”.

The move comes after the company has exposed to a major collapse in an indebtedness, estimated of 140 billion riyals in the province.

Ali Ahsan