UN: Cost New Obstacle to Oil Transfer From Yemen Tanker

Date: 18 January 2023 - 21:57

News ID: ۱۱۱۴۷۳

UNITED NATIONS (AP) – The rising cost of purchasing or leasing a vessel that can hold more th+an 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 UN said Tuesday.
UN 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 UN 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 UN plan, and the leasing cost has also increased.
“So we have some additional expenses, and it’s a little bit harder finding the right ships, but we’re proceeding with the work,” Haq said.
He said donors have generously pledged more than $84 million of the funding required, and additional funding from the private sector is expected soon.
Haq said more than $73 million of pledges has been disbursed and essential preparatory work has begun.
“All of the technical expertise is in place to undertake the procurement for the complex operation,” he said. “This includes a marine management consultancy firm, maritime legal firm, insurance and ship brokers and oil spill experts” as well as contracting a salvage company that will carry out the emergency operation which is at an advanced stage.
“However, the key challenge at present is procurement of a very large crude carrier,” Haq said. “The UN 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 UN 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 Sana’a-based government signed a memorandum of understanding last March aimed at resolving the environmental threat posed by the Safer tanker to the Red Sea.
The Safer tanker is a Japanese-made vessel built in the 1970s and sold to Yemen in the 1980s to store up to 3 million barrels of export oil pumped from fields in Marib, a province in eastern Yemen that is currently the scene of limited fighting. The ship is 360 meters (1,181 feet) long with 34 storage tanks.