Yemen signs MOU with Kuwait Energy

10 October 2010

Kuwait Energy Co has signed a memorandum of understanding with the Yemeni oil ministry to conduct a six-month study addressing the potential development of natural gas reserves in the country and the optimization of its natural gas resources. According to the agreement, Kuwait Energy will advise the ministry on the most suitable uses and applications for the country's gas resources in order to ensure production sustainability and maximize revenue generation and job creation. The study will be conducted at no cost to the Yemeni government, Kuwait Energy said.

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