Page 12 - DMEA Week 46

DMEA
neWs in brief
DMEA
goals as the joint equity venture partner of the Government of uganda.
Muloni met with Adesina to convey
H.E yoweri Museveni’s support to AIF in
its critical efforts to attract private capital
to the African Continent. AIF President Adesina also congratulated the AGRC and the Government of uganda for working to engage private sector investors to finance the commercially viable project in support of the national development needs and reiterated his commitment to that joint effort.
Pml daily
fUels
Iran may become petrol
importer by 2021 if
consumption not controlled
Iranian President Hassan Rouhani said the country would become a net importer of petrol by 2021 if the current consumption trend continued.
According to President.ir, Dr. Rouhani, addressing the government cabinet on Sunday, said Iranian motorists had consumed an average of 97 million liters of petrol on a daily basis in the current calendar year, which began on March 21. This would render the county an importer of the strategic item by 2021 if not controlled, he said.
The price of petrol has increased from Rls. 10,000 per liter to Rls. 15,000/l on Friday.
A quota of 60 liters per month has been allocated to the Iranian citizens at this price; consumers of more petrol will be charged Rls. 30,000/l.
The president said the revenues generated by the increased petrol prices were to be used for supporting lower-income households in the country.
Iran is severely targeted by unjust uS sanctions which have caused economic troubles for the nation.
The increased prices have triggered unrest in several Iranian cities since Friday.
In 2013, petrol production was at 56 ml/d which has reached 107 ml/d which means the country is self-sufficient in production of the item, Rouhani said.
The Iranian President also said that consumption of petrol in Iran was higher than the global average.
shana
terminals & shiPPinG
Yemen’s Houthi rebels seize vessel in Red Sea
The Saudi-led coalition fighting in yemen said Iran-aligned Houthi rebels hijacked a vessel south of the Red Sea.
Saudi Arabia’s state-run Saudi Press Agency quoted coalition spokesman Colonel turki al-Malki as saying on Monday that Houthis seized the ship while it was towing a South Korean oil drilling rig on Sunday.
Al-Malki said the “attack” threatens vital shipping routes in the Bab al-Mandeb Strait, used for oil shipments from the Gulf to Europe, as well as goods from Asia to Europe.
“On Sunday, during the sailing of the tugboat Rabigh-3 in the southern Red Sea, it was hijacked and subjected to armed robbery by terrorist elements affiliated to the Houthi militia,” said al-Maliki said.
He did not say which country the tugboat belonged to or how many crew members were on board the seized ship.
According the tracking website Marine traffic, Rabigh-3’s home port is in the western Saudi city of Jeddah and it sails under the kingdom’s flag.
Mohammed Ali al-Houthi, a senior rebel official, said: “yemeni coast guards ... are checking to see whether [the vessel] belongs to the countries of aggression or to South Korea, in which case it will be released after completing legal procedures. The crews are being well treated. We assure everyone not to worry about the crew.”
Al Jazeera’s Mohammed al-Attab, reporting from the capital Sanaa, quoted a Houthi source as saying South Korea has demanded the release of its rig and crew.
“Houthis said they would release it after carrying out paperwork to confirm that this oil rig belongs to South Korea. The source told me the seizure is a usual measure that they are carrying out when they find any foreign vessel in the yemeni regional waters,” he said. alJaZeera
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Week 46 21•November•2019