The UAE company ADNOC has on Tuesday opened outlets selling oil derivatives to citizens on the occupied Yemeni island of Socotra, in a move that signals the UAE’s acquisition of this vital sector on the island.
This comes months after the UAE, which took control of the island through the Southern Transitional Council militias.
Local sources said that the UAE has begun selling domestic gas through outlets affiliated with ADNOC in Hadiboh, the administrative center of Socotra.
Since the UAE occupation forces entered the southern regions of Yemen, they have been fighting an unprecedented struggle against the Saudi-led Hadi government and its oil businesses, led by Hadi’s son Jalal.
The UAE appointed mercenary leader Aidarous al-Zubaidi as the head of public relations at its oil company, and managed to break the Hadi loyalist monopoly on fuel in Aden, especially electricity, which generates monthly profits of up to 26 million dollars.