By NY Staff
The website of the Ministry of Defense stated that the Specialized Penal Prosecution in Sana’a transferred two defendants accused of bombing the oil pipeline in Marib to the court. The pipeline repairs cost the government 153,259,985 dollars.
The website explained that the first defendant, Hussein Alrdmani, blew up the oil pipeline’s in the point 105th km., costing the state 127,689,339 dollars, while the second defendant, Saleh Nasser Alrdmani, blew up the oil pipeline’s in the point
104th kilo and 107th km., costing the state 25,579,646 dollars.
At the beginning of this month, President Abd Rabbo Mansour Hadi said that Yemen production of oil reached 400,000 barrels per day in 2005. However, the production decreased to 166,000 barrels by 2013, and now it reached 134,000 barrel in June of the same year.
“The decrease of oil production caused an increase in the domestic debt to 3.4 trillion riyals, which represents 36% of the gross domestic product (GDP) of the country and makes the government unable to meet many of its commitments,” Hadi added.
According to an official statistics, the losses resulting from sabotages since the youth revolution in 2011 have amounted to 4.75 million dollars.
Yemen has had to import about 975 million dollars worth of oil during the first four months of the current year, where Yemen’s production of oil is currently between 280 and 300,000 barrels per day.
The exports share of crude oil, obtained by the Yemeni government from production sharing with foreign oil companies, composes about 70% of the resources of the state’s general budget, 63% of the country’s total exports, and 30% of GDP.