
Yemen has lost nearly USD 1 billion in revenues since a blast blamed on tribesmen supporting efforts to oust the president cut off the country's main oil pipeline.
A senior official said that the impoverished country has witnessed months of violent clashes which have killed dozens. Protesters are demanding President Mr Ali Abdullah Saleh end his more than three decades in power. Yemen loses around USD 10 million a day due to the production and export stoppage since mid March.
, the official said that the country of some 23 million people relies on oil exports for up to 70% of its budget. The blast cut off the supply of oil from the central Maarib province to the main export terminal at Ras Isa on the Red Sea. It also stopped work at the main refinery in Aden where officials this week began using oil donated from neighboring Saudi Arabia to begin a restart.
No date has been set to repair the pipeline, which carries nearly half of the country's 260,000 bpd oil production. No date has been fixed. It depends on reaching an agreement between the government and the opposition.
Tribesmen, who have repeatedly damaged the pipeline in the past have prevented technicians from repairing it. The Maarib oil fields, where international oil companies operate, produce high quality light oil which is in demand following the stoppage of similar exports from war-torn Libya.
The government has blamed the pipeline blast on tribesmen supporting opposition groups demanding Saleh's ouster. But tribal sources have said that relatives of a Yemeni mediator killed by mistake last year in an air strike targeting al Qaeda were to blame.
They said that Mr Jaber al Shabwani, who had been trying to persuade members of al Qaeda to surrender, died when his car was destroyed in a strike blamed on US drone.
(Sourced from Reuters)










