VOL. XL

No. 5

3-February-1997

YEMEN

Yemen Offers Incentives To Revitalize Upstream Oil Sector

MEES Executive Editor Walid Khadduri, who recently visited Yemen, reports on currentefforts by the Yemeni authorities to create the necessary incentives to revitalize theupstream oil sector.

After the successful conclusion of arduous negotiations for theestablishment of a $3bn gas export venture, the Yemeni authorities are now expected tofocus on the upstream oil sector, where exploration work has...