Yemen expecting revenue drop due to late LNG plant start-up

26 May 2010

Yemen has said that the delay in the production start-up of its multi-billion dollar liquefied natural gas plant will lower revenues to less than anticipated in 2010, Reuters has reported. The plant is owned by French oil and gas company Total with a 39.6% stake, US-based Hunt Oil with a 17.2% share and Yemen Gas Co with 16.7%.

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