Ash Shihr (Port)
Latest news
Operations resume at oil terminal
The Ash Shihr Oil Terminal started operations yesterday (2 August) after being closed in March 2015 due to hostilities in Yemen, with the arrival of an oil tanker under the GAC Yemen agency to load a shipment of Masila Crude. Other Yemeni ports are open and operational, with the exceptions of Ras Isa Marine Terminal and Balhaf LNG terminal, which remain closed.
Strike action stops Yemen oil exports
Oil production and exports from Yemen's Masila oilfield, the country's largest, have stopped after workers from state-owned PetroMasila went on strike over pay last Thursday, oil ministry officials told Reuters on Tuesday, Reuters reports. The strike at the Masila oilfield brings Yemen's total oil output of around 260,000 barrels a day to a near halt as its other major oil pipeline carrying light, sweet Maarib crude has been shut since November after consecutive blasts. "There is no export or production in Masila," a senior oil ministry official said, adding that exports from the Ash Shihr terminal had also stopped. The bulk of crude exported out of the Ash Shihr terminal on the east of the country is shipped to customers in Asia. The country's largest oil refinery in Aden has not been processing crude due to lack of oil flow in the Marib pipeline, forcing the poorest Arab country to rely on imports and donations from its powerful northern neighbour Saudi Arabia.
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