NO. 29


North Yemen

North Yemen's Third Development Plan Provides for Investment of $333mn in Oil Sector

North Yemen's third development plan, covering the period 1987-91, includes provision for investment of $333mn for the development of the country's oil sector (excluding exploration and development expenditure by foreign firms). There are three projects included in the plan as follows: (i) the construction of a second oil refinery with a capacity of 60,000 b/d at a cost...