VOL. XXXIX

No. 17

22-January-1996

YEMEN

Yemeni President Approves LNG Agreement With Total

Yemeni President 'Ali 'Abd Allah Salih signed into law on 17 January an agreement between the Republic of Yemen and the French oil group Total for the creation of a $3bn joint venture covering the production and export of 5mn tons/year of liquefied natural gas (LNG) over a 25-year period beginning in 2001. The agreement, which was signed last September (MEES, 25 September 1995), was approved...