Nov 7, 2010

Yemen to divert 35 LNG cargoes to Asia in 2011



SANAA, November 7 (Reuters) - Yemen LNG, a liquefied natural gas venture led by French oil major Total (TOTF.PA: Quote), will divert 35 cargoes originally meant for U.S. markets to Asia next year because of higher prices there, an official said on Sunday.
Income from gas exports is an important revenue source for the impoverished country, a neighbour to top oil exporter Saudi Arabia but without its vast resources, as the Arabian Peninsula state struggles to make up for falling crude revenues.
[Read more]
Source: REUTERS

0 comments:

Post a Comment

 
Copyright © 2011. Maritime Press Clipping . All Rights Reserved
Home | Company Info | Contact Us | Privacy policy | Term of use | Widget | Site map
Design by Herdiansyah . Published by Borneo Templates