Middle East Economic Survey

VOL. LI

No 26

30-June-2008

yemen

Yemen Oil Revenues Reach $1.46Bn For First Four Months Of 2008

Yemens oil revenues reached $1.462bn for the period January-April 2008, an increase of 85% from the $789.4mn achieved during the same period in 2007, according to figures released by the Central Bank of Yemen. The increase in revenues was due both to increased oil prices and an increase in production, said Yemeni news agency Saba on 23 June. Yemens oil exports reached 14.52mn...