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Oil Report

FACTBOX-Five facts about Yemen LNG

Oct 15 (Reuters) - A $4.5 billion Total-led TOTF.PA liquefied natural gas (LNG) plant in Yemen started production on Thursday, eight months after the initial start date. For a story click on [ID:nL1572624]

Here are five facts about Yemen LNG:

-- This is the first LNG plant for Yemen, the Arab world’s poorest state, and is its largest industrial project

-- The main shareholders of the project are the French oil major Total, with a 39.6 percent stake, U.S. Hunt oil, with a 17.2 percent stake, and Yemen Gas Co owns 16.7 percent.

-- Yemen LNG can produce 6.7 million tonnes per year for export from the Gulf of Aden port of Balhal.

-- GDF Suez will have the capacity to deliver 2.55 million tonnes of LNG per year from Yemen from 2010.

-- The first phase of the project will involve the construction of a 322 kilometre-long pipeline from gas fields in Safer, Marib, to Balhaf Port on the coast of the Arabian Sea. (Compiled by Muriel Boselli; editing by James Jukwey)

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