Almotamar.net, Saba - President Ali Abdullah Saleh said Yemen has plenty of oil and quantities but there is a need to a strong will and spending money for their explorations.
"It is impossible to explore oil from underground without investment and spending money," said the president, addressing the participating delegations in the Third Conference of Oil, Gas and Minerals which started its activities yesterday here.
He added that oil explorations have started in Yemen since the 1980s and there are nearly 33 companies working in fields of oil, gas and minerals. Yemen has oil fields offshore and onshore as well in the country's border with Saudi Arabia.
"We have offshore and onshore blocks which need to be explored but some companies deal with this matter as those who want to milk their cows without feeding them," he affirmed.
He renewed call to investments in Yemen in all fields saying:" We warmly welcome anyone wants to invest… in fields of oil, gas and minerals. Investment law in Yemen is improved and ensures all rights to investors."
He advised investors not to believe in all what is being published and broadcast on terrorism and security problems as media is exaggerating while covering news about Yemen, explaining that terrorism is found in many countries including America and Europe.
He noted that there are oil companies working in Yemen for 20 years and have not found any problem but if something happened, it is rare and people do not judge on rare things.
For his part, Chairman of Organization Arab Petroleum Exporting Countries (OAPEC) Abbas Al-Taqi said OPEC has not oil companies but it is an Arab organization includes 11 Arab countries and hoped that Yemen would be number 12.
"During our two-day visit and through meetings, we found great promising opportunities in the Republic of Yemen in oil and gas fields," he said.
"This big number of oil companies working in Yemen confirms there are opportunities….these opportunities need support and communication with companies to work in Yemen to realize joint interests."
The United Arab Emirates acknowledged on Tuesday that two of its pilots were killed when their military aggression plane crashed over Jawf province, a military official said
The official added that the aggressive crashed plane was an apache that was
Artillery of the army and popular shelled a gathering of Saudi-paid mercenaries in al-Moqadra area in Serwah district of Marib province, a military official said on Tuesday.
Meanwhile, dozens of Saudi-paid mercenaries were killed and others injured in Wadi al-Theek in the district, the official added.
The army and popular forces carried out on Monday unique military operations in Taiz province.
A military official said that a number of Saudi-paid mercenaries were killed at the hands of the army and popular forces in al-Jazami Hill in al-Kadaha area in al-Ma'afer district.
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
The army artillery and popular committees launched a fierce attack on Saudi-paid mercenaries' sites in Jawf province, a military official said on Monday.
The attack destroyed a military vehicle belonging to the mercenaries and killed all on board in Sabran area in khab and shaaf district.
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.
The operation was accomplished successfully against the Saudi
The army and popular committees have killed a total of 18 Saudi-paid mercenaries in sniper operations over the past hours in the central province of Marib, a military official said on Sunday.
Ten mercenaries were killed in Nehm district and eight others were killed in Serwah district, said the official.
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.