Yemen LNG optimistic despite unrest

Jan. 12, 2012 at 9:21 AM
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SANAA, Yemen, Jan. 12 (UPI) -- More than 100 shipments of liquefied natural gas left Yemeni ports last year, meaning customers got 100 percent of what they paid for, a company said.

Yemen last year was consumed by mass demonstrations against the country's president. A gas pipeline in Yemen was struck by saboteurs in October but was quickly repaired.

Yemen LNG said it shipped out 106 cargoes of liquefied natural gas last year, 100 percent of its annual delivery commitments.

"Our reliability as an LNG supplier makes for a good international reputation of Yemen LNG and of Yemen," the company's general manager, Francois Rafin, said in a statement.

The company said 2011 was the first year it was operating at full capacity. Yemen LNG said cargo that was canceled in October would be delivered by early January. Most of the LNG exports from Yemen were bound for Asian markets, the company noted.

"We look forward to leveraging on this reliability to maximize, in full transparency, the sales revenues in 2012 and in the future years," Rafin said.

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