Money Matters, Simplified.
Yemen reports oil reseves of 11.9B barrels
Wed, 20/10/2010 - 06:09 by harsheeb
The Petroleum Exploration and Production Authority said a new study had estimated Yemen's reserves, indicating the country's oil industry requires more investment, Saba reported.
Nasr al-Humaidi, the head of the agency, said using updated technology would likely increase the estimate further.
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