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Mar 28 2010

Mubadala to invest in Yemen's oil and gas

Mubadala Development Co. , an Abu Dhabi government-backed fund, may invest in Yemen's oil, gas, mining and petrochemical industries.

A Mubadala delegation met with Yemeni Oil Minister Amir Al- Aidarous in Sana'a and proposed a partnership with Yemen's Safer E&P Co. to increase oil and gas production from Block 18, in the Ma'rib province.

By Observer Staff

© Yemen Observer 2010

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