Crude oil sales for April 2010 approved

SANA'A, Feb.08 (Saba) - The Supreme
Committee on Crude Oil Marketing approved on Monday the crude oil sales for April
2010, with a
total quantity of 4.6 million barrels.
The committee approved to sell about 2.1 million barrels of al-Masila crude
produced in Hadramout province for the best offered price, 91 cent increase per
barrel, and 2.3
million barrels of Marib crude oil for the best offered price, 56 cent increase per
barrel.
The quantity of 600.000 barrels out of the 2.3 million barrels produced in Marib
were agreed to be sold in world markets and the rest to be sold for the Aden
Refinery Company
for the official price approved for the next April.
Furthermore, the committee also approved to sell 200 thousand barrels of crude
produced in Shabwa province for the best offered price, $3.95 decrease per barrel.
The oil production of Shabwa province amounts to 3,000 barrels per month.
BA