ArabianBusiness.com - Middle East Business News
Thursday, 08 January 2009 08:00 UAE time

YOUR DIRECTORY /

Print this page Print this page | Email this to a friend Email this to a friend | Discuss this article (0 Comments) |

Yemen lost 25,000 bpd during flooding

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 19 November 2008
FLOODS TRAGEDY: The floods that hit Yemen hit the country's oil production as well as killing up to 180 people. (AFP)

Around 25,000 barrels per day of oil production in Yemen was shut in after torrential rain last month, the country's oil minister said on Wednesday.

"Today output is 287,000, which dropped from around 310,000-315,000 bpd because of torrential rains and floods, which affected some wells," oil and mineral resources minister Amir Al-Aidarous said during a visit to a gas facility.

The affected wells were in the southeastern Hadramout province, he added.

Story continues below
advertisement

About 180 people died or went missing in the floods after downpours in October, UN agencies said last month.

The rains caused damage worth around $1 billion in the state on the southern tip of the Arabian Peninsula.

Yemen, which is one of the world's poorest nations outside of Africa and is not a member of the Organization of the Petroleum Exporting Countries (OPEC), is prone to flooding during the monsoon season. (Reuters)

Print Print | Email Email | Discuss this article |


READERS' COMMENTS


Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Security Code * Code


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

 EMAIL ALERTS

  1. Ministry of Oil

  2. Energy



Rich List 2008
EMIRATES ID DOWNLOAD

READER COMMENTS

Read all user comments >

BUSINESS FEATURES

Qatar steps on the gas

The small Gulf state is hoping that its natural gas reserves will cushion it from the worst of the fallout.

Brain drain

The petrochemicals sector is losing skilled project managers due to outdated corporate structures.

Iran in focus

Hampered by US sanctions, Iran has its work cut out bringing petrochemical projects online.

BUSINESS INTERVIEWS

Burning ambition

Shell's Mounir Bouaziz reveals exclusively the details of the company's deal in Southern Iraq.

Global crisis sends ripples to oil price

Is the commodities supercycle over or will demand rise next year even in the face of the financial crisis.

The house that 'Charlene' built

The CEO of one of GE’s largest units says there’s no better time to sell productivity than in a recession.

MORE FROM ARABIANBUSINESS.COM