YEMEN Press Agency

UAE’s ADNOC controls oil and gas sector in Socotra

SOCOTRA, Oct. 20 (YPA) – The UAE company ADNOC on Tuesday opened outlets selling oil derivatives to citizens on the Yemeni island of Socotra in a move that signals the UAE’s acquisition of this vital sector on the island.

 

This comes months after the UAE, which took control of the island through its tool ( the southern transitional council (STC) militias by  imposing a blockade on the island in June and banning the entry of oil derivatives provided by Hadi’s oil company, which is affiliated with the deputy director of his office for economic affairs, Ahmed Saleh al-Eisei

 

Local sources said that the UAE has begun selling domestic gas through outlets affiliated with ADNOC in Hadiboh, the administrative center of Socotra.

 

Since the UAE occupation forces entered the southern regions of Yemen, they have been fighting an unprecedented struggle against the oil mafia in Hadi’s government, led by his son Jalal and deputy director of his office,  al-Eisei

The UAE appointed Aydros al-Zubaidi, the head of public relations at its oil company, and managed to break Saleh al-Eisei’s monopoly on fuel in Aden, especially electricity, which generates monthly profits of up to 26 million dollars.

 

The UAE’s resale of oil derivatives to Yemenis, originally from areas controlled by the United Arab Emirates and Saudi Arabia in the south and east of the country, would highlight the coalition’s goal of its war on Yemen, which began six years ago and specifically targeted infrastructure and service facilities, allowing the coalition to acquire and allocate these facilities to make Yemen a market for its products.

E.M