• 5 minutes Malaysia's Petronas vs. Sarawak Court Case - Will It End Up In London Courts?
  • 9 minutes Sell out now or hold on?
  • 16 minutes Oil prices going down
  • 5 hours Oil prices going down
  • 48 mins Sell out now or hold on?
  • 9 hours After Three Decade Macedonia End Dispute With Greece, new name: the Republic of Northern Macedonia
  • 3 mins Malaysia's Petronas vs. Sarawak Court Case - Will It End Up In London Courts?
  • 8 hours Two Koreas Agree To March Together At Asian Games
  • 13 hours What If Canada Had Wind and Not Oilsands?
  • 7 hours Oil and Trade War
  • 4 mins When will oil demand start declining due to EVs?
  • 5 mins Correlation Between Oil Sweet Spots and Real Estate Hot Spots
  • 9 hours Geopolitical and Political Risks make their strong comeback to global oil and gas markets
  • 4 hours Trump Hits China With Tariffs On $50 Billion Of Goods
  • 13 hours Australia mulls LNG import
  • 2 mins venezuala oil crisis
  • 18 hours No LNG Pipelines? Let the Trucks Roll In
  • 1 day The Permian Mystery
  • 6 hours Trump Renews Attack On OPEC Ahead Of Group's Production Meeting
Saudi Aramco Looks To Double Refining Capacity

Saudi Aramco Looks To Double Refining Capacity

Saudi Aramco looks to almost…

Can U.S. Shale And OPEC Find Common Ground?

Can U.S. Shale And OPEC Find Common Ground?

OPEC and U.S. shale have…

Repairs Made to Yemen's Oil Pipeline Following Last Week’s Bombing

Anti-government protests back in 2011 created a power vacuum in Yemen which has enabled armed groups to take advantage of. Since then the impoverished nation’s oil and gas pipelines have been constantly attacked by Islamist militants and angry tribesmen, leading to fuel shortages around the country, and slashing earnings from oil and gas exports.

Attacks last year caused a long closure of the main Maarib oil pipeline, which transports 110,000 barrels of light crude each day to the Ras Isa export terminal in the Red Sea. This closure in turn required the country’s largest refinery at Aden to shut down, leaving Yemen dependent on fuel donations from Saudi Arabia to keep the economy running.

The latest attack on the Maarib pipeline occurred last Tuesday, and although the flow of crude through the pipe had to be halted, exports were not affected due to the oil held in storage to insure constant supply when such attacks take place.

Repairs started being made as soon as Thursday and Minister Hisham Sharaf told Reuters that “resumption of pumping oil is expected within days.”

He added that “security forces are chasing those involved in Tuesday night's bombing.”

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News