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 | - |
14 Jun, 2024
Featured
Red Sea Disruptions Set to Extend To 2025
Yemen’s Houthis continue to strike vessels with a proposed ceasefire in Gaza unlikely to deescalate the conflict on and off Yemen’s shores.
Recent Confirmed Attacks in the Red Sea
NEWS IN BRIEF
Houthis Strike Tel Aviv
19 Jul, 2024
Houthis Sink Second Ship
21 Jun, 2024
Yemen Reshuffles Ministers
29 Mar, 2024
Houthi Strikes Risk Sinking Ship
23 Feb, 2024
Yemen Oil Province Stand-Off
16 Feb, 2024
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
SELECTED DATA
Yemen Oil Product Imports (‘000 b/d): Ras Issa Increasingly Important Hub For Oil Imports
Yemen Oil Product Imports (‘000 b/d): Ras Issa Grows As Houthi-Controlled Ports Dominate Imports
Gross Output* From Yemen’s OMV-Operated S-2 Block Has Been Steadily Declining Since Restarting In 2018 (‘000 b/d)
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