Middle East Economic Survey
VOL. XLVIII
No 34
22-August-2005
YEMEN
Yemen Approves YLNG Supply Deals, Kogas Equity Stake
The Yemeni cabinet on 16 August approved agreements by Yemen LNG (YLNG) to supply 6.5mn tons/year of LNG to the Korea Gas Corporation (Kogas), Tractebel, and Total Gas and Power. Heads of agreement (HOAs) between YLNG and the three companies were signed earlier this year (MEES, 21 February), and Kogas later exercised its option to raise its off-take volume to 2mn t/y (MEES, 30...
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