After being several months behind schedule, the $4bn Yemen LNG project is set to deliver its long-awaited first cargo this summer.
Yemen LNG will lift its first cargo in midyear, with operations starting by the summer, reports claim Yves-Louis Darricarrere, President of Exploration and Production at Total SA (a shareholder in the project), has suggested.
Technical problems and a shortage of labour saw the project fall behind schedule, yet all that is expected to change this summer when return on investment begins and the LNG product is delivered. With a capacity of 6.7 million tonnes per year from two trains, Yemen LNG will provide cargoes to the Asia Pacific and Atlantic Basin markets for its primary customers in North America and South Korea.
In addition, it will potentially add new customers in the future as the second train begins operations during the third quarter.
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