VOL. XLI

No. 18

4-May-1998

YEMEN

Yemen LNG Delays Construction Period For Two Years

MEES understands that the Yemeni Government has agreed to delay the constructionof the Yemen Liquefied Natural Gas Company (YLNG) liquefaction plant at Balhaf for twoyears. The decision to postpone construction was taken at the request of the Total-ledconsortium as a result of the failure so far to find markets for Yemen's gas, largely as aresult of the economic crisis in Asia.

YLNG is a joint venture between the...