VOL. XXXVIII

NO. 35

29-MAY-1995

Yemen

Yemen And Total Sign LNG Heads Of Agreement

The Yemeni Ministry of Oil and the French firm Total signed last week adetailed heads of agreement for a 5mn tons/year liquefied natural gas (LNG)export project. The accord was signed in San'a on 24 May by Yemeni Deputy OilMinister Muhyi al-Din al-Dhabbi and Francois Castellani, head of Total's MiddleEast and North Africa gas section. It stipulates that Total will put up a bankguarantee to assure that it will not...