LNG

Yemen LNG unlikely to restart anytime soon

Yemen's Saudi-backed government claims it has entered into fruitful discussions with IOCs, but the Balhaf LNG plant is not likely to be back online imminently Yemen's Saudi-backed government claims it has entered into fruitful discussions with IOCs, but the Balhaf LNG plant is not likely to be back online imminently.
By Verity Ratcliffe 20 March 2017 0 25113
The Balhaf LNG export plant has been largely untouched by the war, but pipelines have been targeted. (Yemen LNG)

Yemen LNG is unlikely to restart operations imminently despite claims by the government that it has entered into fruitful discussions with IOCs on their return to areas near the project’s gas production and export facilities.

Seif Sharif, Yemen’s minister of oil and minerals for the Saudi-backed government aligned to President Abd Rabbuh Mansur Hadi, has said the provinces of Hadramout, Marib and Shabwa are showing signs of stability and may soon attract IOC investment.

The government is committed to supporting an environment conducive to oil and gas...