Coalition has looted 4.4 million barrels of crude oil since November: YPC

SANAA, Dec. 03 (YPA) – The Yemeni Petroleum Company (YPC) said on Friday that “the Saudi-led aggression coalition forces” have looted 4,400,000 barrels of crude oil since mid of last November.

The company’s CEO, Ammar Al-Adhra’i, stated that the value of the looted amount exceeded 303, 600,000 dollars, equivalent to 183 billion Yemeni riyals.

He pointed out that “the aggression pirates led by America continue to detain fuel ships off the coast of Jizan, despite being subject to inspection and obtaining entry permits from the United Nations.”

Al-Adhra’i indicated that the aggression coalition and its mercenaries continue to loot the crude oil, which can cover salaries by 200 percent.

He stated that “the aggression forces loaded the ship “Andromeda” 321,300 tons, equivalent to 2,400,000 barrels of crude oil from Alshehr port in Hadramout on November 19, and it arrived in Singapore.

According to the stock exchange, the price of a barrel is 69 dollars, which means the value of the shipment is 165, 600,000 dollars, equivalent to nearly 99.7 billion Yemeni riyals at the dollar exchange rate in Sanaa, while total salaries amount is 78 billion riyals per month, Al-Adhra’i explained.

He pointed out that the ship “Sea Trust” was loaded with 114,549 tons, approximately one million barrels of crude oil from Radhoum port in Shabwa province on November 17 and it was sold.

The ship “Sea Trust” returned yesterday, Thursday, to loot and load another million barrels of crude oil, bringing the total quantity that has been looted since mid-November to 4,400,000 barrels of crude oil, he added.

YPA