Aden refineries fail to pay salaries for the first time
The new CEO of Aden Refinery Company, Saeed Mohammed bin Mohammed, revealed that the company is suffering from financial and operational hardships. It has ceased crude oil refining for years and has been focusing on storing petroleum derivatives for the private sector. There has been a significant decline in revenues due to a sharp drop in ship arrivals. He explained that this decline has led to the company's inability to cover its expenses and employee salaries, emphasizing the importance of cooperation to overcome the crisis. He pointed out that the main goal is to resume refinery operations and restore its economic role by completing the stalled power plant project and working on improving training and technical staff.
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