Page 13 - DMEA Week 09 2021
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DMEA                                  TERMINALS & SHIPPING                                            DMEA


       Houthi demands cause




       further delays to Safer repairs




        MIDDLE EAST      THE United Nations (UN) this week said that  could lead to an explosion.
                         a new list of demands from Yemen’s Houthis   A solution is yet to be found that will lead to
                         are stifling efforts to assess the condition of the  the safe unloading of the cargo, with the Houthis
                         dilapidated Safer floating storage and offload-  demanding guarantees that they will be entitled
                         ing vessel, which remains anchored offshore the  to the oil, which is worth around $64mn at cur-
                         country.                             rent crude prices.
                           The vessel is moored near the Red Sea port of   Of the mood among the negotiators, Dujar-
                         Ras Isa, north of Hodeidah, and is still thought  ric said: “I think ‘increased worry’ is the right
                         to have a cargo of more than 1mn barrels of oil  expression. We’ve been talking about this for
                         onboard.                             two years now.”
                           “Unfortunately, we have encountered some   While there have so far been no leaks, the
                         new delays after recent additional requests from  UN representative noted that this is only “by
                         the Houthis,” said UN chief spokesman Stephane  the grace of God”. Dujarric added: “The more
                         Dujarric. “Those additional requests focused on  we wait, the chances of a major leak are increas-
                         logistics and security arrangements,” he added.  ing […] One can only imagine the devastating
                           Dujarric said that the UN understands “that  ecological impact [a leak] it would have on the
                         many member states, including donors to the  region and on countries surrounding Yemen
                         project, are extremely concerned by these new  (and) bordering the Red Sea whose populations
                         delays. We, of course, share those concerns”.  rely on the Red Sea for fishing and for tourism.”
                         Meanwhile, he noted that the team is “working as   Meanwhile, the Houthis have insisted that the
                         diligently as possible on a field where sometimes  Saudi coalition should be held accountable for
                         the goalposts seem to shift.”        any leaks. The vessel has a total storage capacity
                           In July 2019, UN officials were prevented  of 3mn barrels in 34 tanks and was previously
                         from visiting Safer to assess the scale of the dam-  used to store and export oil produced in the cen-
                         age amid fears that gas build-up in storage tanks  tral oilfields of Marib.™




       Liberia begins construction work



       on new Harper fuel storage facility





        AFRICA           LIBERIA’S National Port Authority (NPA) has  made by fuel dealers in Harper, several of whom
                         begun construction work on a new petroleum  told FrontPageAfrica last week said that they did
                         product storage depot within the framework of  not have adequate options for sourcing petro-
                         a wider effort to refurbish the port of Harper.  leum products from domestic suppliers.
                         NPA marked the start of construction last week,   Many roads in south-eastern Liberia are in
                         in a ceremony attended by Liberian President  such poor condition that importing fuel from
                         George Weah.                         neighbouring Côte d’Ivoire is simply easier, they
                           At the ceremony, Weah said he expected  explained. In turn, they said, the need to buy
                         the project to benefit the country by improving  from foreign suppliers drives the price of petro-
                         supply conditions on the domestic fuel market.  leum products up.
                         Once the new storage facility is complete, he   NPA will need two years to finish building the
                         explained, Liberia will be able to import more  new storage facility, which carries a price tag of
                         petroleum products and make larger volumes  $6mn. The government has urged the agency to
                         available to the south-eastern counties, includ-  dredge the port of Harper so that it can accom-
                         ing Grand Gedeh, Grand Kru, Maryland and  modate larger fuel tankers, but Bill Twehway,
                         River Gee. Currently, he noted, these areas con-  NPA’s managing director, said at last week’s
                         sume mostly imported fuel. He described this  launch ceremony that this goal would be diffi-
                         dependence on imports as less than ideal and  cult to achieve without additional state funding.
                         said that the additional storage capacity would   Liberia experienced extensive fuel shortages
                         facilitate domestic sales while also making the  in the first quarter of 2020 amidst problems
                         port of Harper more profitable.      related to excessive withdrawals from existing
                           His statements are in line with complaints  storage depots.™

       Week 09   04•March•2021                  www. NEWSBASE .com                                             P13
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