Middle East Economic Survey
VOL. LII
No 38
21-Sep-2009
yemen
Yemens Revenue From Oil Exports Drops By Nearly 75%
Revenue from Yemeni crude oil exports fell sharply in the first seven months of 2009 to $803.4mn, from $3.12bn in the same period of 2008 a decrease of 45.1% in volume and 74.3% in value, the Central Bank of Yemen said in a recent report. The record drop in revenues coincided with a fall in the governments share in oil production between January and July, to 15mn barrels from 27.3mn...
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