YEMEN OIL REVENUE IN 2009 DROPS TO $ 3.5 BLN

SANA'A, Feb. 17 (Saba) - The government overall revenues from crud
oil exports have declined to $3.519 billion in 2009 compared with
the $5.896 billion in 2008.

According to a report issued by the Central Bank of Yemen, the
government share of the crud oil exports reached last year $1.959
billion comparing to $4.396 billion, which is the value of crud oil
exported in 2008.

The report also showed that the value of the domestic oil
consumption in 2009 was $ 1.650 billion, while it was $1.5 billion
in 2008.

The report attributed the oil revenues decline to two reasons: the
international reduction in the oil prices last year and the decrease
of the government oil share from 56,800,000 barrels last year,
whereas it was 69,430,000 barrels in 2008.

AF/AF