Middle East Economic Survey

VOL. LII

No 42

19-Oct-2009

yemen

Yemen LNG Starts Production, Promising San'a A Vital New Revenue Stream

The long-awaited start-up of the $4.5bn Yemen LNG project, which was announced on 15 October, offers the impoverished and warn-torn countrys government a vital new source of revenue, as oil production dwindles. Production of LNG from the first train has now begun, with the first shipment scheduled in the coming weeks, while the construction of the second train has...