VOL. XLV

No 20

20-May-2002

YEMEN

Yemens Oil Revenue 1988-2001

The YemeniGovernments oil revenue between 1988 and 2001 totaled $16.7bn, according to Oil: Reality And Challenges(Production And Exports) 2001, recently published by the Ministry of Oiland Minerals, and the Yemeni Oil and Gas Corporation. Revenue from oil exportstotaled $10.8bn (see Table 1). During this 13-year period the government alsosupplied 310mn barrels of crude (at an average price of $18.89/B) to the 'Adenand Marib refineries,...