VOL. XLII

No. 38

20-September-1999

YEMEN

Yemen Contracts Iranian Firm For Tanker Facility Upgrade

Yemenç—´ Ministry of Petroleum and Mineral Resources hassigned a $5.7mn agreement with Iranç—´ Nassir Bonyad Company for Industry andConstruction that calls for the modernization of berth facilities at the portof Hodeidah. The contract is to be implemented during the next year and whenfinished will enable the port to receive product tankers of 35,000 tonscapacity. Also included in the contract is the...