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Saudi Arabia has signed a $150 million agreement with Yemen to supply petroleum derivatives, bolstering the war-torn nation's energy sector. The deal, aimed at supporting power plants across various Yemeni governorates, was signed under the patronage of Yemeni Prime Minister Dr. Shaya Mohsin Zindani.

Under the agreement, Saudi Arabia will provide diesel and mazut to fuel more than 70 electricity generation plants. This support is crucial for stabilizing and ensuring the continuity of electricity services, particularly as Yemen faces rising temperatures. The Saudi Development and Reconstruction Program for Yemen (SDRPY) is facilitating this aid, reflecting a longstanding commitment to alleviating the humanitarian suffering of the Yemeni people.

The initiative is also expected to stimulate commercial activity, create job opportunities, and promote economic growth within Yemen. An additional agreement was signed to support the sustainability of PetroMasila, Yemen's state-owned oil company, enhancing its operational efficiency and service continuity.

A comprehensive governance framework, including a supreme committee linked to the prime minister, will oversee the distribution of petroleum derivatives to ensure they reach the intended beneficiaries. This grant follows previous Saudi aid packages, including grants in 2018 ($180 million), 2021 ($422 million), 2022 ($200 million), and 2026 ($81.2 million), underscoring Saudi Arabia's continued investment in Yemen's recovery and stability.