Mon, 09 Jul 2012 00:45:22 CDT
Yemen's oil minister has said oil exports from the country?s Maarib province are to be resumed next week following violence which halted shipments for over a year and led to losses of up to $15m a day, Reuters has reported. The country's main Maarib oil pipeline, which carries crude to the Ras Isa export terminal on the Red Sea coast, was the target of three consecutive attacks in October last year alone. "The technical teams that are being protected by the military will finish repairs of the pipeline this week," Hisham Sharaf said. "We will begin to pump oil from the Maarib fields to the port of Ras Isa on the Red Sea by next week."...
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