Middle East Economic Survey


No 28



Attack On Oil Pipeline Causes Large Spillage In Central Yemen

An oil pipeline in the Shabwa province in central Yemen was bombed on 2 July, causing a large oil spillage, according to local reports. It was not clear how much oil was spilt, although the pipeline was reportedly being used by a South Korean company. South Koreas KNOC has a 50% interest in Block 4 in the Shabwa province, where oil production has fallen sharply in recent years,...