http://armiesofliberation.com/archives/2006/07/29/ylng-yemen-owns-1-less/ Jane Novak's blog about Yemen Fri, 21 Nov 2008 06:24:10 +0000 http://wordpress.org/?v=2.5.1 http://armiesofliberation.com/archives/2006/07/29/ylng-yemen-owns-1-less/#comment-410033 Yemen Lover Fri, 29 Dec 2006 09:37:17 +0000 http://armiesofliberation.com/?p=2550#comment-410033 1.25% was sold to Kogas and this was applied on all shareholders not Yemen gas only. 1.25% was sold to Kogas and this was applied on all shareholders not Yemen gas only.

]]> http://armiesofliberation.com/archives/2006/07/29/ylng-yemen-owns-1-less/#comment-267420 sam Wed, 30 Aug 2006 14:26:38 +0000 http://armiesofliberation.com/?p=2550#comment-267420 i am a yemeni and i am very angrey about this deal. its an exploitation of the third world. the government is corrupt and will take most of the profits. the parliment knows very little about the contracts terms and did not vote for the deal knowing its full terms. also yemen does not have a huge reserve of gas and oil like some other middle eastern countries and in 10-20 years will be an importer, paying the market price prive while it is going to sell its own fuel for a tiny fraction of the market price. also less than one third of teh country has electricity. this gas should be used for the countries own needs. the country at the moment is 20 million and is increasing rapidely. the population has not peaked yet, as such it needs this fuel for the next generation. once yemens fuel is finished no way will it be able to afford the prices on the market. also the country will not be able to afford nuclear power, does not have livers for hydro power and is a desert country that will not be able to generate cropse for the generation of ethanol once international oil supplies dwindle. really this is a big mess for this poor country. i am a yemeni and i am very angrey about this deal. its an exploitation of the third world. the government is corrupt and will take most of the profits. the parliment knows very little about the contracts terms and did not vote for the deal knowing its full terms. also yemen does not have a huge reserve of gas and oil like some other middle eastern countries and in 10-20 years will be an importer, paying the market price prive while it is going to sell its own fuel for a tiny fraction of the market price. also less than one third of teh country has electricity. this gas should be used for the countries own needs. the country at the moment is 20 million and is increasing rapidely. the population has not peaked yet, as such it needs this fuel for the next generation. once yemens fuel is finished no way will it be able to afford the prices on the market. also the country will not be able to afford nuclear power, does not have livers for hydro power and is a desert country that will not be able to generate cropse for the generation of ethanol once international oil supplies dwindle. really this is a big mess for this poor country.

]]> http://armiesofliberation.com/archives/2006/07/29/ylng-yemen-owns-1-less/#comment-235341 Jane Sun, 30 Jul 2006 04:00:33 +0000 http://armiesofliberation.com/?p=2550#comment-235341 Hi John! Howareya? What a mess this is. Hi John! Howareya? What a mess this is.

]]> http://armiesofliberation.com/archives/2006/07/29/ylng-yemen-owns-1-less/#comment-235241 John Burgess Sun, 30 Jul 2006 03:31:03 +0000 http://armiesofliberation.com/?p=2550#comment-235241 And will we all be surprised when Yemen nationalizes its petroleum sector some time down the road? Or, perhaps, a rapid change of government repudiates all these foreign ownership sales? And will we all be surprised when Yemen nationalizes its petroleum sector some time down the road? Or, perhaps, a rapid change of government repudiates all these foreign ownership sales?

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