Middle East Economic Survey
Yemen Gives Final Approval To YLNG Development Plan
The Yemeni government on 29 August approved the development plan for Yemen LNG (YLNG), putting an end to eight years of negotiations and planning since the project was first mooted in 1997. The project experienced many setbacks and delays, but with the final investment decision (FID) made, the road is now clear for the development of infrastructure to begin. Tenders have been...