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Oil Minister discusse gas price fluxion

Oil and Minerals Minister Amir al-Aydarous discuss with the Director of production for the Korean kogas company the gas prices sell to Korea to the benefit of all parties.

The sources said the meeting was friendly and promising in the way of implementing the directives of the president to reconsider the prices of Yemeni LNG . the source declined to give further details but said that this meeting came on the sidelines of the company’s broad of Yemen LNG, which meets every three month. The tow-day meeting reviewed functioning of the Yemen LNG, especially after the entry of the second production line and launch full liquefied natural gas project and regularity of the process of production and export. The meeting discussed the new markets to assess the potential benefit to achieve greater economic returns to the project .

Meeting discussed the aspects of the cost of cargo and production, in addition to the work of the project and the developments achieved and investment objectives as well as expansion to serve and develop the work of companies operating in this area.

The meeting of the board of directors of Yemen LNG is held every three months in a country contribute to the project. The company was founded Yemen LNG in August 2005, and brought together five international companies with expertise with extensive expertise to create this project in addition to governmental bodies

 

BY Abdula-Aziz Oudah


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