JEDDAH: Nearly 3,300 tons of diesel, sent from Saudi Arabia through the Saudi Development and Reconstruction Program for Yemen (SDRPY), reached Hadramaut to help the Yemeni governorate meet its energy demands.
The first shipment of oil derivatives reached Yemen earlier in May. It carried a total of 909, 591 tons of diesel and 351,304 tons of fuel oil.
In April, SDRPY signed an agreement to supply oil derivatives to operate more than 80 power stations with the Yemeni government.
The agreement was for a grant of oil derivatives totaling more than 1.260 million tons, and amounting to $422 million.
The grant is intended to serve the Yemeni people and alleviate their suffering, support the economy and develop infrastructure, an official statement on Saudi Press Agency said.
FASTFACTS
• In April, SDRPY signed an agreement to supply oil derivatives to operate more than 80 power stations with the Yemeni government.
• The agreement was for a grant of oil derivatives totaling more than 1.260 million tons, and amounting to $422 million.
It is “an extension of the generous support provided by the Kingdom to Yemen in all fields and an affirmation of the fraternal bonds and strong ties between the two countries.”
The grant’s main objective is to light up Yemeni homes, restore this service for the Yemeni people, and help achieve economic growth in the country.
The grant will boost the Yemeni government’s budget and help it fulfill its other obligations that include paying salaries and wages for employees and improving basic sector services.
The grant is an extension of previous grants provided by the Kingdom to Yemen with an estimated total of $4.2 billion.
