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Arabia
Yemen Vows 'Repair to Marib Pipeline Must Complete This Week'
2012-07-08
[Yemen Post] The Yemeni authorities must complete the repairs to the Marib oil pipeline this week and crude is expected via it again before Ramadan, Saba reported quoting oil minister at a meeting with SEPOC on Saturday.

"The decision to repair this pipeline and resume pumping is a' fateful decision'; hence, the authorities must do that right now," Hisham Sharaf was quoted as saying at the meeting that was dedicated to the progress on the repairs started recently.

"Yemen will beat with an iron fist those who think of attacking such public properties".

Sharaf said the Marib pipeline, which carries about 110,000 barrels a day, is a key economic pillar that contributes $3 billion to the national revenues a year.

The international community, especially the ten countries sponsoring a power-transfer deal, pay more attention to the efforts aimed at restoring economic, political security stability in Yemen, he said. "The Marib pipeline is among the top priorities of these countries," he was quoted as continuing.

Saboteurs have tried to disrupt the repairs to the pipeline more recently but the interior ministry has dispatched more military units to protect the repair technical teams.

This year, Sharaf said the shutdown of the Marib pipeline since October has led to $4 billion losses.
Posted by:Fred

#1  A cop with a gun each ten feet wouldn't stop them.
Posted by: Redneck Jim   2012-07-08 12:17  

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