After an argument with Hadhramaut over Shabwa selling its share in the black market ... Ibn Adiou and Al-Eisa establish floating tanks to trade oil
After an argument with Hadhramaut over Shabwa selling its share in the black market ... Ibn Adiou and Al-Eisa establish floating tanks to trade oil
After an argument with Hadhramaut over Shabwa selling its share in the black market ... Ibn Adiou and Al-Eisa establish floating tanks to trade oil
English - Tuesday 10 November 2020 الساعة 04:19 pm
Shabwa, NewsYemen, Exclusive:
The Governor of Shabwa announced, on Sunday, the official transfer of “Ahmed Saleh Al-Issa” his activities in the trade and smuggling of oil to the governorate located on the Arab South, through an agreement that the governor said was “to enhance investment activity and revive economic and commercial activity” in his authority.
The announcement came through a formal signature between the governor and the secretary of Ahmed Saleh Al-Eisi “Bandar Al-Sagheer” in the name of Q.Z.Y General Trading Company, in the name of “Establishing a sea port for the governorate,” which is “providing floating tanks for oil derivatives within sixty days,” according to the official announcement.
The economic researcher in oil affairs, Abdulwahid Al-Oubali, said that the contract has no known period, and its contractual terms are unknown, and added: “Ibn Adiou gave the port to Al-Eisi with ownership in which he works as a dock, and brings a ship for rent as a floating tank (without establishing a tank), in exchange for Al-Eisi selling fuel for Shabwa residents with their money.
While Abdul Hadi Habtoor, a journalist in the Saudi Al-Sharq Al-Awsat newspaper, criticized the granting of “the Governor of Shabwa Governorate, Muhammad Saleh bin Adiou, an agreement to establish Qena Port for the Deputy Director of the Presidency Office for Economic Affairs”.
The announcement sparked a media outcry, but no official party has commented on it so far. However, sources told "NewsYemen" that talking about "building a port is a fictitious project that ends with legitimizing the movement of Ahmed Saleh Al-Eisi, who lost his huge profits from controlling the oil market in Aden illegally".
The governor said that the agreement includes the company’s implementation of the first phase of the Qena commercial port project, which includes providing floating tanks for oil derivatives within sixty days, and securing the governorate’s needs directly from them, while the second phase includes building unloading berths for oil derivatives with the establishment of eight strategic tanks to store them with a total capacity Up to sixty thousand tons, in addition to building the commercial activity berths for the port. Ibn Adiou talked about "the advantages of contracting the agreement, which is based on the system of construction and management, and then the return of ownership to the state."
The governor had launched an attack on the governor of Hadhramaut, a month ago, accusing him of harassing Shabwa governorate regarding importing oil, in the introduction to such a step, but the director of the oil company in Hadramout revealed that the Shabwa governorate authority had sold its share of oil in an office on the coast of Hadhramaut, whom he identified by name And location and documents.
Ibn Adiou formed a committee to respond to the director of the oil company in Hadramout, but it did not announce any response, until the governor announced yesterday that the governorate will be handed over to Al-Eisi to obtain special funding opportunities for oil traders.
