Saturday, March 19, 2011

UPDATE 2-Yemeni troops on streets, two party members quit | Reuters

Austrian energy firm OMV (OMVV.VI) halted production at the Uqlah oilfield in Shabwa province and will withdraw its staff due to security concerns, a Yemeni oil source said on Saturday.

OMV said on Tuesday it would not be able to transport oil through a Yemeni export pipeline for a few days, after the pipeline was blown up by disgruntled tribesmen.

Friday's bloodshed prompted Saleh, struggling to preserve his 32-year rule, to declare a state of emergency for 30 days that restricts freedom of movement and the right to gather. It also grants police more leeway to make inspections and arrests.

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