On Thursday, Abdulrahman Al-Mahrami, a member of the Presidential Leadership Council, reviewed the Ministry of Oil and Minerals’ strategies for enhancing the distribution systems of oil derivatives. The focus was on adapting to changes that ensure stable supply to markets and effective crisis management.
During the meeting, Minister of Oil and Minerals Dr. Saeed Al-Shamasi presented the ministry’s vision to boost production capacity. He emphasized the need to improve the investment environment, which would enhance the oil and mineral sector’s contribution to the local economy. This initiative aims to strengthen oversight on distribution and supply operations amid current challenges.
The discussion also covered the current supply situation, particularly the recent shortages of domestic gas. Al-Mahrami and Al-Shamasi examined the causes of these shortages and the efforts underway to prevent similar crises in the future. Ensuring a steady supply of this essential resource for citizens in the temporary capital, Aden, and other liberated provinces remains a priority.
The meeting addressed emergency measures and alternative solutions adopted by the government to secure the necessary fuel for electricity generation in Aden and liberated areas. With rising temperatures during the summer, these measures aim to alleviate citizens’ hardships and improve essential services.
Al-Mahrami stressed the importance of enhancing field oversight on the distribution of allocated gas and oil derivatives. He highlighted the need to combat smuggling and black market sales. Additionally, he called for securing sufficient quantities to meet local market demands and establishing a strategic emergency reserve to ensure supply stability.
The council member underscored the necessity of improving security coordination with local authorities to address disruptions faced by fuel transport trucks in certain areas. He reiterated his full support for the security plan aimed at pursuing those responsible for these attacks and bringing them to justice.
In conclusion, the meeting emphasized the need to attract investments into the oil and gas sector. It discussed activating investment in the Aden Refinery and fostering partnerships with the private sector. These efforts aim to stimulate economic growth, create sustainable job opportunities, and enhance the business environment. By updating regulations, simplifying procedures, and providing supportive infrastructure, the ministry seeks to build trust among local and international investors.
For more details, visit Yemen TV.
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