Yemeni conglomerate puts up $1.2 mn to salvage oil from rotting tanker
A Yemeni conglomerate announced that it is putting up around $1.2 million towards a salvage operation to pump oil from the 45-year-old Safer tanker slowly falling apart off the country’s coast.
The HSA Group’s offer reduces to $16 million the amount still needed by the US to fund the salvage operation, which has been costed at $80 million, reports dpa news agency.
“It would be an unimaginable ecological catastrophe,” if the Safer were to break up, HSA chief executive Nabil Hayel Saeed Anam said.
“A spill on the scale projected by the UN would have a devastating impact on Yemen. It would aggravate the world’s worst humanitarian crisis, threaten millions with starvation, and destroy livelihoods,” he added.
