Middle East
Yemen
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 | - |
3 Nov, 2023
Featured
Yemen: New Import Hub Increases Houthi Economic Control
Yemen’s Houthis have embarked on transforming a longtime Red Sea crude export hub into a profitable import terminal for oil products. This ratchets up the group’s economic warfare against the internationally-recognized government and undergirds their state building efforts.
Yemen: Political Control & Oil Infrastructure
NEWS IN BRIEF
Hopes Rise Over Yemen Tanker Rescue
14 Apr, 2023
Houthis Attack Tanker At Yemen’s Ash Shihr Terminal
25 Nov, 2022
Houthi Drones Hit UAE
21 Jan, 2022
Houthis Claim Yet Another Saudi Aramco Attack
19 Mar, 2021
Total In Yemen: No Peace/Reentry
22 Nov, 2019
UEG Shuffles KEC Yemen Assets
5 Jul, 2019
Yemen Crude Reaches Europe
21 Jun, 2019
Yemen: UAE Pledges $100mn Power Funds
14 Jun, 2019
SELECTED DATA
Yemen Crude Exports* (‘000 b/d): After A Six-Year High For 2020 Volumes Are Off To A Strong Start In 2021
Yemen Crude Exports* ('000 B/D) Rose To Six-Year Highs In 2020
Yemen Crude Exports Near 50,000 B/D In 2020 (‘000 B/D)
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