Al-Essi is the king of fuel in the state of Hadi

English - Saturday 07 December 2019 الساعة 02:19 pm
aden,newsyemen

Ahmed Al-Essi, who is close to Hadi, dominates fuel imports in the south of the country, and failed previous government decisions regarding the abolition of the liberalization of the oil derivatives market.

Moeen Abdulmalik, the prime minister who fought a major struggle with Ahmed Al-Essi, "King and monopolist of the fuel market in Hadi's control areas", represented in several files, including: the file of appointments, taxes, and regulation of the fuel market - Al-Issu won all the battles - Prime minister re-opened the file of trade of oil derivatives, observers say the government is weak and does not have the capacity to implement its decision

According to the official news agency Saba, the Prime Minister approved the formation of committees from the relevant authorities to monitor the tenders and provide an opportunity for all merchants, thus ending the existing monopoly, manipulating fuel prices and fueling crises suffered by citizens.

The government of Moeen Abdulmalik had issued Decision No. 49 of 2019, on June 26, 2019, to cancel the decision to liberalize the oil derivatives market, and to limit the import of oil derivatives to the Yemeni market to Aden Refineries Company only, but the decision stumbled due to the weak government, and disputes between the two oil companies and Aden refineries.

Since the liberalization of the fuel market in March 2018, the company Aden Gulf, owned by businessman Ahmed Saleh Al-Essi has been able to acquire the oil derivatives market in the areas of Hadi's control, and from the infrastructure of the Aden Refineries Company .

The grant of the Saudi program for the development and reconstruction of Yemen, oil derivatives provided for Yemen Electricity, are purchased from Al-Essi, according to information and the Saudi ambassador said that the total value of the Saudi grant amounted to $ 180 million during 2019.

Aden Refineries Company employees confirmed that the Aden Refinery Company leased the refineries' tanks to Al-Eissi’s Aden Gulf Company, with an exclusive contract for years, and the refineries will not be able to use them, and the tanks have become out of control of the government and the Aden Refinery Company, and storage is not available for traders.

The capacity of Aden Refinery Company’s tanks is about 150 million liters, while a number of them are damaged, and others have been exposed to fire. According to a source in Aden Refinery, the government’s losses due to the rental of Aden refinery’s tanks were estimated at 18 billion riyals during the last period.

Officials at the Yemeni Oil Company confirmed that Aden Gulf, affiliated with Hadi’s advisor, the monopoly of the tanks of the Aden Refinery Company, had toppled all competing merchants, through its control of the tanks of the refinery.

They pointed out that the shipping companies set 28 days to transfer the shipment of oil derivatives from the place of purchase to the port of Aden, and the delay in unloading the load during this period, the shipping company requires a daily fine of no less than 15 thousand dollars, the costs of demurrage due to the delay of ships at sea, which happened to merchants competing with Al-Essi, from delaying the branching of their ships, and were subjected to heavy fines, through which they lost their capital.

Since Moeen Abdulmalik assumed the leadership of the government, he failed to appoint an executive director for the Yemen Oil Company, and a source close to the Prime Minister’s Department had stated earlier that Hadi had refused to appoint the Prime Minister’s nominee to the Yemen Petroleum Company’s CEO.

Ahmed Saleh Al-Essi also refused to pay taxes, customs and fund shares, to the government during the year 2018, and he was postponed more than once, by his loyalists in government voluntary interests.