President Al-Zubaidi emphasizes the importance of resuming production in the stalled oil sectors

sadaalhakika
President Commander Aidarous Qassem Al-Zubaidi, President of the Southern Transitional Council, and Vice Chairman of the Presidential Leadership Council, emphasied the importance of promoting investments in the oil and gas sectors in our country, Encouraging national companies to play their role in restarting the stalled oil sectors and intensifying geological survey efforts to enhance exploration opportunities in the promising concession areas.
This when he met on Sunday, August 14, in his office in the capital, Aden, Mr. Mohammed bin Sumait, CEO of Petromasila, who briefed him on the company's activities in the fields of exploration and production in the oil sectors in the governorates of Hadramout and Shabwa.
The Commander  was also briefed by the CEO of Petromasila about the company's efforts to resume the production process in Sector 5, "Paradise Hunt" in Shabwa Governorate, according to the agreement signed between the company and the Ministry of Oil, which stipulates that the sector will be handed over to the company to resume the production process in it after years of stopping.
During the meeting, President Al-Zubaidi emphasized the need to invest the gas associated with oil extraction in operating power generation, and to intensify efforts to support community development in the concession areas, to contribute to improving the living conditions of citizens in those areas.