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Middle East · YEM

Yemen

Masila barrels and a wrecked LNG plant at Balhaf. The war is the energy balance.

importer

Oil production

0.0 mb/d

0.1 mb/d demand

Net oil

-0.0 mb/d

Import gap

Gas production

1 bcm

Net 0 bcm

O&G rent

8.0%

Fiscal breakeven $80

Oil balance

Production versus demand, 2025, million barrels per day.

Production0.0 mb/d
Consumption0.1 mb/d

Gas balance

Production versus demand, 2025, billion cubic metres.

Production0.5 bcm
Consumption0.5 bcm

Proven oil

3 bn bbl

Gas reserves

0.5 tcm

Refining

0.1 mb/d

LNG

No LNG

Hydrocarbon mix

Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).

  • Oil82%
  • Gas18%

Economy

What remains of oil rent funds whoever holds the export terminal.

GDP
$0.0 tn
Population
35.0 m
Oil intensity
1.5 bbl /$1k
Oil & gas rent
8.0% GDP
Hydrocarbon trade
1.6% GDP
Fiscal breakeven
$80 /bbl
$30 oil shock
-21.9 pp GDP
Club
Independent

Projected oil demand

Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 0.1 mb/d (net -0.0) versus NZE 0.0 mb/d (net -0.0).

Scenario2025203020352050
Stated Policies0.10.10.10.1
Net Zero 20500.10.10.00.0
Current Policies0.10.10.10.1

Same region