A deal worth $200 million with Saudi Arabia to provide fuel to war-torn Yemen has been signed, the Yemeni government said on Thursday.
Yemen’s state news agency reported that, under the deal, the Saudi Development and Reconstruction Program for Yemen (SDRPY) will provide 250,000 metric tons of oil derivatives to Yemen.
The deal will help increase the capabilities of Yemeni government institutions and the stability of electric power in various government and private institutions and the industrial sector, the agency indicated.
Amid a fuel shortage in the war-ravaged nation, Yemen has recently experienced a severe electricity crisis.
Since 2014 when Iranian-aligned Houthi rebels captured much of the country, including the capital Sanaa, Yemen has been engulfed by violence and instability.
In order to restore the government to power, the Saudi-led coalition entered the war in early 2015.
With millions suffering from hunger, the war has created one of the worst humanitarian crises in the world.