The Austrian company OMV is set to withdraw from the al-Uqla oil sector in Shabwa province, handing it over to the Aden government by the end of 2024. This move has raised concerns about the future of Yemen’s oil sector, especially after previous decisions that experts deemed disastrous.

There is a significant risk of the Aden government selling oil fields to unqualified companies, leading to mismanagement and corruption in the industry. Experts and specialists are calling for measures to prevent such actions and ensure clear standards for companies involved in the oil sector.

It is crucial to avoid decisions that could negatively impact Yemen’s oil industry’s future and prevent exploitation for personal gain. The Ministry of Oil in the coalition-backed government needs to prioritize transparency and expertise in managing this vital sector.