Nov 08 2007 |
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Yemen: Safer to finalize LNG deal with Total next month
Reuters reported that state-owned Safer aims to conclude a gas supply deal to Total 's Yemen Liquefied Natural Gas plant by the end of November.The deal stats that Safer will supply up to 1.2 billion cubic feet per day of gas from Yemen's Marib basin Block 18 to Yemen LNG company under a 20-year contract, the supply would start next year and will steadily increase to 1.2 billion cfd in 2009.
Delays in signing the gas supply contract with Safer have threatened Yemen LNG 's end-2008 start date. The LNG terminal will have output capacity of 6.7 million tones a year.
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