VOL. XXXVII

NO. 1

4-OCTOBER-1993

YEMEN

New Oil Reserves In Yemen Estimated At 1.9Bn Barrels

The reserves discovered in new Yemeni oilfields are estimated at around1,927mn barrels, according to recent official statements. During the 23September ceremony inaugurating the production of Masila crude fromCanadianOxy's Block No. 10 in southeast Yemen (MEES, 20 and 27 September), theYemeni Minister of Petroleum and Mineral Resources, Mr. Salih Abu Bakr ibnHusainoun, stated that the total reserves...