NO. 52


Yemen And Total Clinch LNG Agreement

Yemen and France's Total have now concluded a definitive agreement for theproduction and export of 5mn tons/year of liquefied natural gas (LNG) over a25-year period beginning in the year 2001. A joint venture - the Yemen LNGCompany - has been set up to implement the project. The accord was signed inSan'a on 21 September by Mr. Muhyi al-Din al- Dhabbi, Vice Minister of theYemeni Ministry of Oil and Mineral Resources (MOMR),...