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LNG project gives Yemen light at end of the pipeline - By Hugh Naylor for the UAE-based "The National"

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09 February 2010
BALHAF // It was a celebration of much pomp and circumstance, with ambassadors and government ministers flown to this remote coastal outpost in November to inaugurate Yemen’s crown jewel of foreign investment – the US$4 billion (Dh14.68bn) liquefied natural gas (LNG) facility.

For the country’s president, Ali Abdullah Saleh, it was a particularly momentous occasion and not only because the massive project was constructed at a breakneck pace of just under five years. It also marked a new and important revenue stream for his government, which is mired in a budgetary crisis.

(For full article, please copy and paste the below link into your browser's address bar:
http://www.thenational.ae/apps/pbcs.dll/article?AID=/20100206/FOREIGN/702059854/1002)


 

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