Fourth Batch of Saudi Oil Derivatives Grant Arrives in Aden

Fourth Batch of Saudi Oil Derivatives Grant Arrives in Aden

The fourth batch of the Saudi oil derivatives grant, consisting of 150,000 tons of diesel and 100,000 metric tons of mazut, arrived at Yemen's interim capital Aden on Sunday.

This initiative is part of Saudi Arabia's ongoing efforts to support the Yemeni people, in response to a request by the government to help provide oil derivatives to operate over 70 power generation plants across the war-torn country.

The directive to provide the grant was issued by Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Prince Mohammed bin Salman, Crown Prince and Prime Minister.

The grant is a testament to the Kingdom's commitment to achieving security, stability, and development for the Yemeni people and is an extension of previous grants amounting to USD 4.2 billion.

The Saudi oil derivatives grant is part of the Saudi Program for the Development and Reconstruction of Yemen (SDRPY), which has implemented 229 development projects and initiatives across Yemen to serve the people in seven main sectors, including education, health, water, energy, transport, agriculture, and fishery.

It also aims to build the capacity of government institutions and implement other development programs.