Categories: Economy

The CEO of Safer discusses energy challenges with the German ambassador.

Executive Director of Safer Discusses Energy Challenges with German Ambassador

Sana’a, Yemen – Engineer Salem Kaity, the Executive Director of Safer Exploration and Production Company, met with Thomas Schneider, the German Ambassador to Yemen, to address critical issues in the energy sector. The discussion focused on the challenges the company faces amid the country’s exceptional circumstances.

Importance of International Cooperation in the Energy Sector

At the beginning of the meeting, which included German Deputy Ambassador Sophia Hertzberg, Yemen Gas Company Director Engineer Mohsen Bin Waheit, and Safer’s Deputy Executive Director Ghaleb Makhout Maeli, Engineer Kaity welcomed the German ambassador. He emphasized the need to strengthen cooperation and partnerships with international allies to support the energy sector and enhance the capabilities of national companies.

Economic Challenges and Their Impact on Safer

Engineer Kaity highlighted Safer’s vital role in the oil and gas sectors. He noted the efforts made to maintain operational continuity despite significant challenges. Key issues include the halt in exporting petroleum products and liquefied natural gas, which have led to economic and operational repercussions affecting maintenance, upgrades, and development projects.

Kaity stressed that the current situation imposes substantial burdens on both the company and the national economy. He pointed out that the oil and gas sector serves as a cornerstone for public revenues, necessitating collaborative efforts from local and international stakeholders to stabilize the sector and enable it to fulfill its developmental role.

Opportunities for Cooperation with Germany in Renewable Energy

The meeting also explored the potential benefits of leveraging German expertise in renewable energy. Both parties discussed opportunities for technical cooperation, knowledge exchange, and capacity building. They examined ways to adopt modern technologies to enhance operational efficiency, reduce costs, and align with global trends towards clean energy and environmental sustainability.

Furthermore, the two sides discussed strategies to boost collaboration and capitalize on investment opportunities in the energy sector, including expanding the use of renewable energy sources and sharing expertise that supports sustainable development.

Germany’s Commitment to Supporting Development in Yemen

Ambassador Schneider expressed his interest in understanding the current state of the oil and gas sector and the challenges it faces. He reaffirmed Germany’s commitment to supporting developmental initiatives and enhancing cooperation in areas of mutual interest. Schneider praised Safer’s role in contributing to the national economy and reiterated the importance of ongoing communication and coordination to explore new avenues for collaboration that serve shared interests and support development efforts in Yemen.

For more information, visit Yemen TV.

To follow the news in Arabic

Yemen TV

Recent Posts

A protest by the Yemeni community in Turkey demands an end to the Taiz blockade and the designation of Houthi militias as a terrorist group.

Yemeni Community in Turkey Demands Action Against Houthi Blockade on Taiz A protest organized by…

9 hours ago

The Chairman of the Presidential Leadership Council launches a package of relief projects from King Salman Center to support Taiz and aid victims across Yemen.

President Alimi Visits King Salman Relief Center On Tuesday, President Dr. Rashad Mohammed Alimi, head…

11 hours ago

The Chairman of the Presidential Leadership Council urges Europe to classify the Houthis as a terrorist organization, warning of the costs of delay.

President Alimi Calls on Europe to Classify Houthi Militias as Terrorist Organizations President Dr. Rashad…

11 hours ago

The meteorological authority predicts hot and humid weather along the coasts, with scattered rain in Socotra and the western coasts.

Weather Forecast for Coastal and Mountainous Regions The Meteorological and Early Warning Center at the…

12 hours ago

Taiz secures fifty-six percent of the top graduates from technical institutes in the liberated governorates.

Students from Taiz Achieve 56% of Top Ranks in Technical Institutes Students from Taiz Governorate…

13 hours ago

The Ministry of Human Rights condemns the continued targeting of residential areas in Taiz by Houthi militias.

Human Rights Ministry Condemns Houthi Attacks on Residential Areas in Taiz The Ministry of Human…

13 hours ago