Yemen has begun exporting liquefied natural gas (LNG), after its newly built LNG plant sent off its first shipment.
The first shipment of LNG was sent to South Korea, with a further six shipments expected by the end of the year, reported AFP.
The project is the country’s largest ever investment, worth US$ 4.5 billion and involving a 320km gas pipeline from Maarib in eastern Yemen.
The plant has Total as the main shareholder with a 39.6% stake and is aiming to reach a total production capacity of 6.7 million tonnes of LNG a year.
Yemen is one of the poorest countries in the world and is a small oil producer. Last year it produced less than 300,000 barrels per day of crude oil and production is decreasing by 5-6% a year.
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