The Legand of Yemeni Gas Sales
Joel Fort, General Manager of Yemen Liquefied Natural Gas (LNG) has denied the accusation of some members of Parliament that the company has sold the gas at a price lower than the international standard. In a press conference held last Wednesday at Taj Sheba Hotel in Sana’a, Fort said that such a claim was “a legend,” pointing out that 70 percent of potential production was already sold to the US market in accordance with international prices and 30 per cent was sold to the Korean market at a determined (but unspecified) price.
