Middle East Economic Survey
Yemen LNG Secures Gas Supply Deal
Yemens state-owned Safer Exploration and Production Company and the consortium leading the Yemen LNG (YLNG) project on 7 January signed a three-part agreement securing gas supply for the 6.9mn tons/year venture. This allows for Safer to continue to operate the Marib basin Block 18, which will be supplying the project. Concerns over gas availability and the sustainability of reservoirs on Block 18 have...