UN sources have revealed ongoing efforts led by the United Nations Special Envoy to Yemen, Hans Grundberg, to resume the country’s oil and gas exports, in a bid to support Yemen’s struggling economy and enhance prospects for stability.

According to Asharq Al-Awsat newspaper, the spokesperson for the UN envoy’s office, Ismini Palla, said that resuming oil and gas exports is “essential for economic recovery and a key to achieving meaningful peace dividends for Yemenis,” stressing that the move forms part of broader efforts to support more sustainable and diversified sources of income in the long term.

Palla added that the envoy’s office continues to engage regularly with officials from various parties to the conflict, as well as fuel traders and relevant stakeholders in the sector, in order to assess the technical, financial, and logistical requirements needed to restart exports.

These efforts come as the United Nations intensifies its activities to support economic stability alongside attempts to revive the political process, amid a complex regional environment that further compounds Yemen’s challenges as it faces one of the world’s worst humanitarian and economic crises.

Yemen’s oil exports have been largely halted since October 2022, following attacks on export terminals in Al-Dabba and Al-Nashima in the provinces of Hadramout and Shabwa, depriving the government of a key revenue source that accounts for around 70 percent of the national budget.

Despite the political and regional challenges, the UN spokesperson confirmed that ongoing discussions with relevant parties are continuing, in an effort to find a practical pathway to resume exports and achieve a degree of economic stability in the country.