Yemen in negotiation with four Asian countries on gas exports

May 19, 1999 02:00 AM

Yemeni President Ali Abdallah Saleh said his country was in negotiation with four Asian countries on gas exports.
"Contacts are underway with India, Taiwan, China and South Korea," he said.
Saleh said Yemen plans to export almost 33 bn cm of LNG over the next 25 years with a total value of $ 33 bn.

Yemen, one of the world's poorest countries, is counting on its gas reserves estimated at 42 bn cm to haul it out of poverty.
In December, Yemen LNG said it expected to sign a heads of agreements with British Gas in the first half of 1999 to supply 2.65 mm tpy of LNG to the Indian state of Gujarat.

Source: AFP via Iinoil
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