Middle East Economic Survey

VOL. XLVIII

No 37

12-September-2005

YEMEN

YLNG Awards $2Bn Liquefaction Plant EPC To Technip, JGC And KBR

Yemen LNG on 6 September awarded a $2bn lump-sum turnkey contract to the YEMGAS consortium, made up of Technip, JGC of Japan, and Halliburton subsidiary KBR of the US, to build the countrys first LNG plant in Balhaf. The YLNG development plan was approved by the Yemeni government on 29 August (MEES, 5 September). The YEMGAS joint venture is equally shared between the...