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Page added on July 30, 2014

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Armed men blow up Yemen’s oil pipeline halting crude flows

Armed men blow up Yemen’s oil pipeline halting crude flows thumbnail

Armed men blew up Yemen’s main oil export pipeline on Wednesday, a local official said, halting crude flows and disrupting an important source of revenue for the impoverished state.

Yemen’s oil and gas pipelines have repeatedly been sabotaged by insurgents or tribesmen since anti-government protests led to a power vacuum in 2011, causing fuel shortages and slashing export earnings.

Earlier on Wednesday, Yemen raised fuel prices in an attempt to ease the burden of energy subsidies on its state finances.

Sanaa earned just $671 million from exporting crude oil in January-May, down nearly 40 percent from a year earlier, as a result of the frequent bombings.

The latest attack happened in the Wady Obaida area of the central oil-producing province of Maarib, halting the flow of crude to the Ras Isa oil terminal on the Red Sea, the local official said.

The Maarib pipeline carries around 70,000-110,000 barrels per day of Marib light crude. It was last repaired on July 24 after it was blown up on July 12.

Disgruntled tribesmen carry out such assaults to pressure the government to provide jobs, settle land disputes, or free relatives from prison.

 

reuters



9 Comments on "Armed men blow up Yemen’s oil pipeline halting crude flows"

  1. Dave Thompson on Wed, 30th Jul 2014 3:48 pm 

    insurgents? These people know that only wealthy corporations get any benefit from the oil.

  2. Northwest Resident on Wed, 30th Jul 2014 3:51 pm 

    What are the chances that we’ll be hearing about other pipelines getting blown up in Iraq and other ME countries in the near future? Pretty good if you ask me.

  3. Davy on Wed, 30th Jul 2014 5:21 pm 

    NR, seems to be a favorite pastime in the ME and other oil rich nations (Nigeria). This is just another example of entropic decay. Just wait until the economy tanks and the repair crews are not as effective and quick to repair these problems. We will see production fall that much quicker. Security in general at oil infrastructure sites will be a huge problem in the future as the world descends into chaos further stressing supply.

  4. Perk Earl on Wed, 30th Jul 2014 7:57 pm 

    This is the problem with greed. Regular people that do not benefit from the billions made by a few, rebel.

  5. Plantagenet on Wed, 30th Jul 2014 9:16 pm 

    Al Qaida blowing up an oil pipeline in Yemen has nothing to with corporations or greed. Its just another act of terrorism carried out by Al Qaida — a terrorists group of Islamic extremists who want to impose Sharia law.

  6. Makati1 on Wed, 30th Jul 2014 9:44 pm 

    “Armed men blow up ________ oil pipeline halting crude flows”

    Common headline for the foreseeable future…

  7. Dave Thompson on Wed, 30th Jul 2014 10:21 pm 

    Hey Planet. Blame some made up group of people (Al Qaida),call it terrorism, add a touch of fear about more made up stuff (Sharia Law)and presto! You can now go back to watching “dancing with the stars”, all courtesy of the multinational corporate bankers,military industrial media complex. LOL. Nothing to see here, you can carry on.

  8. eastbay on Thu, 31st Jul 2014 9:19 am 

    The Yemen government doesn’t care. As long as they allow the USA to kill its citizens with drone attacks the brief loss of oil revenue will be paid by … the USA.

  9. Jimmy on Thu, 31st Jul 2014 9:26 am 

    It’s Sunni tribes disenfranchised by central gov. There is no evidence Al Qaeda did the bombings of Yemens pipelines. The distinction between Sunni tribes vs Al Qaeda seems lost on most Americans.

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