Natural Gas Daily Middle East & East Mediterranean LNG
Yemen LNG unlikely to restart anytime soon20 March 2017
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 exploration in the regions, Sharif reportedly said on a recent visit to production facilities in Hadramout. However, his reassurances may not hold much weight while his government remains in exile.
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up