Middle East Economic Survey

VOL. XLVIII

No 1

3-January-2005

Yemen LNG Prospects Brighten As Kogas Decision Looms

Prospects for the realization of the long-delayed Yemen LNG (YLNG) project have brightened ahead of the announcement of the winner of the Korea Gas Corporation (Kogas) supply tender which is expected on 10 January. MEES understands that YLNG has submitted the lowest price for the tender by a considerable margin. Other bidders, including Australia LNG, Russias Sakhalin LNG, Irans NIOC...