Middle East Economic Survey

VOL. XLVIII

No 12

21-March-2005

YEMEN

Yemen Awards 120Mn Power Plant Contract To Siemens-Led Consortium

Yemens Public Electricity Corporation (PEC) has awarded a 120mn ($161mn) gas turbine power plant contract to a Siemens-led consortium, Siemens announced on 3 March. The 340mw new gas turbine power plant will be built in Marib and begin commercial operation in the summer of 2007. Previously unutilized natural gas from the oil recovery operations of Yemen Hunt Oil...