Yemen oil revenue decreases by 2 million barrels

Yemen Observer – Yemeni crude oil experts decreased to $1.5 billion during the fiscal period from January ““October of 2009, compared with $4.2 billion during the same period of 2008, a decrease of $2.7 billion, the Central Bank of Yemen reported. The statement revealed that the record decline in oil returns was accompanied by the government’s ebbing share of total oil exports during this period, from 38.8 million barrels to 24.5 million barrels. Read article

Tags: energy & resources, Middle East