Saudi Arabia Grants Yemen $150 Million Worth of Fuel to Support Electricity (opens original article in a new tab)

Saudi Arabia has agreed to provide Yemen with $150 million in fuel to support electricity generation, aiming to address the energy crisis and improve power stability. The agreement involves supplying diesel and mazut to over 70 power plants. Another agreement was signed to support the Yemeni oil company Petromasila.

• Saudi Arabia and Yemen signed an agreement for $150 million in fuel to operate electricity plants.
• The fuel will be supplied to over 70 power plants across Yemeni governorates.
• A second agreement was signed to support the Yemeni oil company Petromasila's operations.
• The grant includes a monitoring mechanism to ensure fuel is directed to targeted plants.