Socotra: Emirati company raises gasoline and domestic gas prices, local official calls for government intervention to end monopoly

The Emirati company ADNOC has raised the prices of petroleum derivatives and domestic gas to record amounts in the Yemeni island of Socotra, in light of its monopoly on the sale of these materials in the archipelago under the control of the Transitional Militia.

Socotra Governor's Undersecretary, Dr. Issa Muslim, said that ADNOC station raised the price of a 20-liter can of gasoline to 40,000 riyals today, Tuesday, which is a record price nationwide.

He added that the station raised the price of a large gas cylinder to 51,000 riyals, and 25,500 for a small cylinder.

Undersecretary Muslim explained that this comes in light of the "government's failure to play its role towards the citizens of the archipelago in providing oil derivatives to the governorate, as is the case with the rest of the liberated Yemeni governorates."

He added that this negligence "doubles the extent of human suffering resulting from this insane increase in all the citizen's necessary requirements and needs and burdens him, who is exhausted by the continuation of these crises."

The Undersecretary of Socotra Governorate stressed the need for the local authority to continue communicating seriously with the presidency and the government to oblige the oil company and the national company to open their branches in the governorate and open the way for investors to alleviate the suffering of our people and prevent the exacerbation of these crises.