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%.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications