Saudi oil derivatives grant arrives in Yemen

According to Saudi Gazette, the fourth batch of the Saudi Oil Derivatives Grant for Yemen, consisting of 150,000 metric tons of diesel and 100,000 metric tons of mazut, has arrived at the oil port in Aden.

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

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

The grant is a testament to the Kingdom's commitment to achieving security, stability, and development in Yemen and is an extension of previous grants amounting to US$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 projects and initiatives across Yemeni governorates to serve Yemenis in seven main sectors, including education, health, water, energy, transport, agriculture, and fishery, as well as building the capacity of government institutions, in addition to other development programs.