VOL. XLV

No 21

27-May-2002

YEMEN

Future Of Proposed Yemen LNG Project In Question

Yemeni Oil Minister RashidBarba' has been holding talks with the YemenLiquefied Natural Gas Company (YLNG) shareholders in Paris, MEES learns, amid indications that theproposed project might be suspended or scrapped because of the consortiumsfailure to secure a market for the LNG. YemensPrime Minister 'Abd al-Qadir Bajammalsaid on 23 May that the consortium had been given a deadline of 16 June to showthat the...