Yemen Eco| News
Today, Tuesday, the Economic Committee in the Shoura Council affiliated with the Presidential Council, sent a message to the head of the council, Ahmed Bin Dagher. Who asked him to address the Prime Minister Maeen Abdul Malik regarding the authenticity of the document sent to him to the President of the Leadership Council to sell Hadramout and Shabwa crude oil at a lower price, in a deal with an Emirati company that cost Yemen half a billion dollars.
The committee rapporteur, Mohammed Qara’a, put in a message seen by” Yemen Eco” four essential enquires to send to the Prime Minister, Is the message referred to have been actually issued? Did the president Alalimi agree to the content of that message? Was the deal signed with Emirati EMO company? In addition to requesting a copy of the Supreme Committee for the Export of Oil.
The Economic Committee’s rapporteur called on the Shura Council to stand up to the fact that this deal was made and to raise the directives that the council will reach, to the presidential council, “we are from the position of defending the nation’s wealth and not allowing any futility in this regard, we assure that the investigation of everything related to our oil and gas wealth, amounts to the priorities of the work of all state institutions. “stressing the need to quickly raise this message, accompanied by the President of the Leadership Council’s signature and to related agencies.
Earlier, the vice speaker of the parliament (affiliated with presidential council) Mohsin Basurah directed last Sunday several questions to the Yemeni government regarding the deal of the ministry of oil with an Emirati company for selling 3.5 million barrel of crude oil in both governorates of Hadramout and Shabwa to the latter with cheap price.
Bassurah has called on in a memorandum raised it to the head of the council Sultan Al-Barakani , the government for more clarifications on the authenticity of the deal legally that the memorandum indicated to it this official memorandum, directed to the Prime Minister Maeen Abdul Malik on 17 June 2023, to the head of the of the presidential leadership council, Rashad Alalimi, which is related to the offers to sell oil stored in Hadramout and Shabwa tanks, estimated at 3.5 million barrel crude oil. In a discounted price 35% of the price of “Brent”, and selling the future production (crude oil underground) 14.5 million barrel of crude oil, with discounted price 30% from the price “Brent” to EMO the Emirati company.
The letter of Abdul Malik justified the offer of the deal due to the economic and financial deterioration of the government, its retreating of ability to pay the salaries of its employees and fulfilling its obligations, explaining that the Ministry of Oil executed his directives to search for alternatives for selling the crude oil within the prevention of Sana’a forces in banning the export of oil since last October, calling on Alalimi to have a look and direct inside it.
Bassurah, continued in his letter which “Yemen Eco” was informed wondering:” did the head of the leadership presidential council approved it? was this agreement signed with this company that will export the oil after approval of the supreme committee for exporting oil unanimously on the offer of this company? Do you have the right constitutionally or legally, as a higher committee for marketing the crude oil to sell 14.5-million-barrel crude oil which is underground? And that is our coming generation to wealth? demanding the head of the government to enclose a copy of the higher committee for oil marketing on the approval unanimously, a copy of the contract or the agreement signed with the exporting company if it was signed.
