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Saudi Arabia signs $10 million Financial Memorandum to solve Safer oil tanker crisis

Royal court adviser and General Supervisor of the King Salman Center for Relief and Humanitarian Action, Abdullah bin Abdulaziz al-Rabiah. (SPA)
Royal court adviser and General Supervisor of the King Salman Center for Relief and Humanitarian Action, Abdullah bin Abdulaziz al-Rabiah. (SPA)
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25 Sep 2022 11:09:00 GMT9
25 Sep 2022 11:09:00 GMT9

Arab News

Saudi Arabia signed a $10 million Financial Memorandum to solve the Safer oil tanker crisis, currently anchored off the Yemeni coast, SPA reported on Sunday.

The kingdoms royal court adviser and General Supervisor of the King Salman Center for Relief and Humanitarian Action, Abdullah bin Abdulaziz al-Rabiah, signed the agreement with the UN Humanitarian Coordinator for Yemen, David Gressly, in New York City, on the sidelines of the 77th session of the United Nations General Assembly.

The two officials also discussed the humanitarian and relief efforts in Yemen, and ways to confront the humanitarian, economic and environmental threats of the Safer oil tanker.

Rabiah explained that the Kingdom’s contribution comes as an extension of its efforts to save the Safer tanker and to support international efforts to prevent any potential disasters that may result from it.

It contains more than one million barrels of oil and has not been maintained since 2015.

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