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Yemen’s legitimate government to resume oil exports soon

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Yemen’s legitimate government said it would work on resuming oil production and exports from new fields “in the coming days”, without specifying the quantity expected, SABA state news agency reported on Thursday.

The announcement came after the first cabinet meeting held by the newly appointed prime minister Maeen Abdulmalik Saeed.

Earlier on Thursday, the Yemeni government said it was ready to work on confidence-building measures under UN-led peace efforts to end the more than three-year war. Full story

Yemen is a small producer with proven oil reserves of around 3 billion barrels, according to the US Energy Information Administration (EIA).