Advertise   Subscribe Contact Yemen Post
 
About Us   Our Mission Terms & Services
Yemen Post Newspaper Logo  
Editor Picture The first of a hundred steps is now complete. We salute those who helped the NDC become the road map for the future Yemen. Strides of success were made, but the real test awaits us all. Will the government deliver and turn ink on paper into reality?  
Hakim Almasmari  
 Publisher & Editor in Chief   
  Email the Editor
Advanced Search
HOME EDITORIAL LOCAL INTERVIEW REPORT POLITICS BUSINESS HEALTH YEMEN IN THE NEWS MIDDLE EAST INTERNATIONAL ARCHIVE
LATEST UPDATES UN Envoy Worried on the Current Houthi Escalation in Yemen :: Houthi rebels to launch 2nd stage of protest as leader warns of attacks :: Hadi calls Military and Security Forces to Defend Sana'a, the Capital :: Presidential committee in Saada as party reveals initiative to resolve Yemen crisis :: Yemen: 2500 precious manuscripts smuggled into Israel in past five decades :: Hadi vows strict measures to punish those attempting to destabilize Yemen :: CBY Governor: Fiscal situation stable after reforms in Yemen :: G10 Ambassadors in Yemen Demand Houthi to Respect law :: Yemen forces on high alert as militants rally on outskirts of capital :: For fifth successive year, China ranks as first trade partner with Yemen in 2013 ::
BREAKING NEWS
z
BUSINESS
Last updated: 12:29:00 AM GMT(+03) Wednesday, 23, January, 2013
 
 

Turkish delegations meets with Yemen Oil Minister

 
*
 Yemen Post Staff

Yemen Oil and Mineral Minister, Ahmed Abdullah Dares met in Sana'a on Wednesday with Turkey Ambassador Fazli Corman and several of prominent Turkish representative of the energy sector to discuss ways in which both nations could enhance their collaboration.

Ambassador Corman who has been a long advocate of stronger, economic, social and political ties with Yemen expressed Turkey's keenness to open up its market to the impoverished nation and support its recovery.

With vast untapped oil and gas resources, Yemen is looking for new partners to expand its energy sector as to ensure long term economic growth. Past mistakes -- mis-management, corruption, lack of oversight and planning -- have underscored the need for a clear policy and investment plans which will ensure the nation's a stable and promising future.

Strong of its own economic stability, growing market and oil expertise, Turkey certainly posed itself as a strong partner.

It is important to note Turkish Petroleum International Company - TPIC - a subsidiary of the Turkish Petroleum Corporation - TPAO - is to be transferred to the Petroleum Pipeline Corporation - BOTAŞ - following a capital rise. It has been predicted the move will spur Turkey’s petroleum operations abroad.

Economist Mike Trotter told the Yemen Post an opening up of Yemen's oil market to Turkey would be a logical and tactical move for Sana'a. "Yemen and Turkey have much to gain by standing together - Yemen needs a political ally in the region capable of financing and promoting its economic recovery while Turkey needs a stable Yemen, both for economic and strategic reasons - Moreover, the increasing role of Turkey as a regional super-power means that Yemen stands to gain from a string partnership."

 

 

 

 


*
Source: Yemen Post Newspaper
 
 
MORE BUSINESS
 
For fifth successive year, China ranks as first trade partner with Yemen in 2013
CBY Governor: Fiscal situation stable after reforms in Yemen
Hadi says oil subsidy reform "patriot decision to prevent fall of national currency"
Friends of Yemen to hold meeting in New York next month
As trade delegation arrives in Sanaa, China says to broaden cooperation with Yemen
Economists say lifting oil subsidies not enough to address Yemen’s financial problems
Yemen approves October crude sales at 2.9 million barrels, committee
International Monetary Fund confirms $560 million loan
Tribesmen blow up pipeline, the state fixes it
Calvalley Petroleum faces strike action
 
 
Comments
 
Leave a Comment
Comment will be published once it has been approved by our moderators.
Name:
Title:
Comment:

TERMS AND CONDITIONS
Yemen Post may edit comments for length and clarity but will not change the tone of the message. Comments will only be accepted if all fields (including name) are filled correctly and the message isn't abusive, defamatory or offensive. All comments sent may be forwarded for use in the Yemen Post newspaper.
Article Tools
Email this Article Email this article
Print Friendly Version Print
Email this Article Email the Editor
 
Most popular
 UN Envoy Worried on the Current Houthi Escalation in Yemen
 Houthi rebels to launch 2nd stage of protest as leader warns of attacks
  Hadi calls Military and Security Forces to Defend Sana'a, the Capital
 Presidential committee in Saada as party reveals initiative to resolve Yemen crisis
 Yemen: 2500 precious manuscripts smuggled into Israel in past five decades
 For fifth successive year, China ranks as first trade partner with Yemen in 2013
 
Services
  Letters to the Editor
  Dear President
  Advertise
  Subscribe
  Submit Your Articles
  Classified
  Readers' Letters
 

 
Quick poll
Do you think President Hadi is building the base to rule Yemen for many years?

VOTE  OR SEE POLL RESULTS
 

   
   
   
© Yemen Post. All Rights Reserved 2007- 2014    

 Designed and developed by
  HyperLink