About this episode

This episode provides an in-depth analysis of Yemen's oil and gas reserves, production statistics, and historical trends.

Thursday, September 3, 2026. YEMEN OIL AND GAS PROFILE. RESERVES: Oil reserves consistently estimated at ~3 billion barrels (Masila, Marib/Sab'atayn, Shabwa basins), stable since ~2009, ranking ~27th globally. Natural gas reserves ~478.55 BCM (~16.9-17 TCF), ranking ~33rd globally (~0.22% world total), sufficient for >500 years at current rates. PRODUCTION: Oil production 2024-25 averaged ~19k-22k bpd (IMF/EII), down sharply from ~439k bpd early 2000s, ~50k+ bpd 2024 some trackers. IMF baseline ~19k bpd 2025 rising ~19.5k 2026, 20k 2027; other estimates current domestic-focused ~20k bpd or lower (7-10k bpd S&P Global recent years). Export resumption government aims ~60k bpd upon restart (~40k bpd export potential after ~20k domestic/refinery); stockpiles exceed 1.7M bbl. Gas production/consumption extremely low ~10.38 MCM 2024 (unchanged YoY), fully matched domestic consumption; primarily associated gas, minimal standalone, no imports/exports. Domestic distribution Yemen Gas ongoing truck-based provinces (hundreds trailers monthly Aden/Taiz/Hadramout mid-2026), limited local supply reliance. UNDISCOVERED RESOURCES: USGS mean estimates ~261M bbl oil, 4.5 TCF gas, ~122M bbl…

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