UAE raises oil prices on Socotra island

On Apr 10, 2022 11:16 PM

SOCOTRA, April 10 (YPA) – The UAE has imposed a price dose in the prices of oil derivatives on the island of Socotra.

According to local sources on the island confirmed that the Abu Dhabi National Oil Company (ADNOC) brought the price of one liter of gasoline to 1,400 Yemeni riyals, and 28,000 Yemeni riyals to per gallon of 20 liters.

ADNOC has a monopoly on the supply of Socotra Island with fuel, after Ahmed Al-Eisi’s oil station was closed by force of arms in April 2020.