Article: YEMEN - LNG Project Hit By Asian Crisis; Start Up For India Not Before Mid- 2002

Yemen's LNG venture, led by Total of France, has been delayed because of the Asian economic crisis. But the project "remains very sound", Total's E&P head Daniel Valot has said, with China, India, Lebanon and Turkey being among the potential markets pursued by the company. This is the biggest project undertaken in Yemen and one of several LNG ventures hit by the Asian crisis. Called Yemen LNG Co. (YLNG), the venture will have a gas liquefaction plant with a capacity of 5.3 million tons/year, in two 2.65m t/y trains, at the Arabian Sea port of Balhaf in the Ras Omran region about 100 km west of Mukalla. The gas feed will reach the plant by pipeline from the Maarib/Jawf and ...

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