Middle East Economic Survey

VOL. XLIX

No 3

16-January-2006

YEMEN

YLNG Financing Plan Moves Along With Appointment Of ECA Advisor

The financing plan for Yemen LNG (YLNG) is moving along, with the appointment of Calyon as an advisor for the export credit agencies (ECAs) that are planning to participate in the deal. They include Frances Coface, Japans JBIC and NEXI, Koreas Kexim and also the Overseas Private Investment Corporation (OPIC), MEES learns. The deal is expected to close this year.

...