The Aden Oil Company explains the reason for the increase in oil prices
English - Monday 22 February 2021 الساعة 10:35 am
Aden, NewsYemen:
The Aden Oil Company issued an important clarification to the citizens regarding what is being raised about the existence of a crisis in oil derivatives, and the company also clarified in its statement the reasons for the recent increase in the price of fuel.
The company denied, in a statement published on its official website, the existence of a crisis in oil derivatives, referring to arrangements made by the company's leadership, represented by its general manager, Professor Intisar Al-Arasha, with the concerned authorities to complete the mechanism for supplying the local market with fuel.
The statement emphasized that there was no new rise in the price of fuel, pointing out that the recent increase came due to the rise in global prices, in addition to the high exchange rate of the US dollar against the Yemeni riyal.
The statement indicated that the committee formed to purchase and determine prices is currently studying the conditions that would lead to reaching appropriate solutions, noting that this rise led to a delay in the descent of oil derivatives to the local market, which caused confusion on the part of some .. as he confirmed that the company's leadership is based With great efforts to ensure the supply of electricity generating stations with fuel, while the government and the competent authorities in the local authority in Aden and the oil company are working to overcome any pitfalls in supplies, to reduce the burdens on citizens.
The company’s statement called on all citizens not to believe the rumors, and to supply what they need from oil derivatives to miss the opportunity for black market traders.
