The approval made during the committee's meeting chaired by Prime Minister Mohammed Salem Basindwa to endorse the crude oil sales of May 2013, estimated to be 4 million barrels.

The committee's agreed to sell the 2 million barrels, out of 2.1 million, of Masila oil to Arcadia Company that has placed the best bid worth 95 cents a barrel plus dated Brent. It also approved rescheduling the sale of the remaining quantity (100,000 barrels) for June 2013.

Moreover, the committee approved selling the total quantity of Marib crude oil for the same month amounting to 1.9 million barrels to Aden Refinery Company at the dated Brent price (without any discount or rise).