Middle East Economic Survey


No 4



Yemen To Launch First Offshore Licensing Round in 2H 07, Says Bahah

Yemen is planning to launch its first offshore oil and gas licensing round in which it will offer 5 to 10 blocks in 2H 07, Yemeni Oil Minister Khalid Bahah announced on 16 January on the sidelines of the Petrotech 2007 International Oil and Gas Conference in New Delhi. In December 2006, Yemen awarded eight of the 14 blocks on offer under the countrys third international bid...