Business

Yemen LNG confirms Regular Operation

National Yemen

YemeN lNG Plant

By NY Staff

The  Yemen LNG Company shared a press release on Sep, 26th, 2014 confirmed the smoth and full operation of the company activities  in Sana’a and Balhaf with Plant operations, including LNG exports, continuing as normal.

On Wednesday, reports began emerging of widespread office raids and violent clashes in Sana’a that saw Shia rebels seek to overrun the capital and take over national institutions as well as companies.

A worker for Yemen LNG who spoke anonymously to Turkey’s national Anadolu Agency said that militants had taken over the company’s headquarters.

“Houthi militants stormed the [company’s] headquarters, searched employees’ cars and restricted the entry of workers,” the worker said.

The Yemeni government did not immediately comment on the raids and Yemen LNG’s statement made no reference to the reported raid.

The US State Department said on Thursday it was reducing staff at its embassy in the capital because of the rebel violence but said the embassy would remain open.

Total is the largest stakeholder in the operating company Yemen LNG with a share of about 40%. Operating since 2009, the facility in the southern Shabwa province exports LNG to Europe and Asia.

It has the capacity to supply up to 6.7 million tonnes per annum with exports of LNG tied into long-term contracts to French pair Total and GDF Suez as well as South Korea’s Kogas.