Yemen to Receive Two LNG Vessels

Monday, March 10, 2008

Saba reported that the Minister of Oil and Minerals Khalid Mahfoudh Bahah said that would receive next May two vessels of 's liquefied natural gas (LNG) project.

During his visit to a Mitsubishi Heavy Industries' dock in Nagasaki, in southwestern Japan, to see construction of two LNG vessels, Bahah said "we expect to have receive these ships operational and receive them by May, with a full-loading capacity of around 150,000 cubic meters".

In press remarks in the Japanese capital , Bahah revealed that may announce its fifth international bid round for onshore oil fields at its energy conference planned October-December this year.

The Yemen LNG project is on course to begin production by the end of the year with first delivery expected early 2009. Nearly all of an expected production capacity of 6.7 million mt/year evenly distributed between two tutor has already been committed under long-term contracts by South Korean and Western buyers.

Train 1 of the Yemen LNG project is on course to begin production by the end of the year with first delivery expected early 2009, which will be followed by the start-up of Train 2 in mid-2009.

Source: Saba

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