Middle East


Yemen’s ongoing conflict has turned the relatively unimportant country into a regional flashpoint, and center of the Saudi-Iran showdown. IOCs, including Yemen LNG operator Total, have fled the country.

State of Play

War-torn Yemen remains a theatre for competing for Saudi and Iranian regional ambitions. But oil output is quietly creeping up. Crude exports from the eastern Marib basin restarted in August 2016 and averaged 44,000 b/d in 2017. With Austria's OMV restarting output in April 2018, an IOC presence is no longer unthinkable.

2019 In Numbers
Crude Output 0.06 mn b/d
Crude Exports 0.04 mn b/d
Oil Rig Count 0 -
Gas Rig Count 0 -
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Yemen Crude Exports ('000 b/d) Rose To Six-Year Highs In 2020

Petromasila's Ash Shihr Terminal Accounted For 71% Of Yemen's Crude Loadings In 2020 ('000 b/d)

Yemen Crude Exports* Remain Stuck At Just A Third Of Pre-War Levels (‘000 B/D)

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