UN: Cost is new obstacle to oil transfer from Yemen tanker
1 year, 11 months ago

UN: Cost is new obstacle to oil transfer from Yemen tanker

Associated Press  

UNITED NATIONS — The rising cost of purchasing or leasing a vessel that can hold more than 1 million barrels of crude oil now in a rusting old tanker off the coast of war-torn Yemen is the latest obstacle to resolving the grave threat of massive environmental damage from a possible oil spill or explosion, the U.N. said Tuesday. U.N. deputy spokesman Farhan Haq said the availability of very large crude oil tankers “has decreased in the past six months, basically due to events having to do with the war in Ukraine.” He said just as the U.N. was finally gearing up its operation to transfer oil from the FSO Safer tanker, the cost of buying a very large crude oil carrier is now about 50% more than what was budgeted in the original U.N. plan, and the leasing cost has also increased. “The U.N. cannot begin the emergency operation until it is certain that a safe crude carrier will be in place to take on the oil.” He said the U.N. is working with a maritime broker and other partners “to find a workable solution and remains confident the work can begin in the coming months.” The United Nations and Yemen’s Houthi rebels signed a memorandum of understanding last March aimed at resolving the environmental threat posed by the Safer tanker to the Red Sea. U.N. special envoy Hans Grundberg told the Security Council Monday that despite the end of the truce, “the overall military situation in Yemen has remained stable” with no major escalation or changes to front lines despite some limited military activity.

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