April 5, 2010
Total (TOT) said that the second train of the Yemen LNG natural gas liquefaction plant has started production. Combined with LNG production from the first train, commissioned on October 15, 2009, it will enable the Yemen LNG plant to reach its full capacity.
Facts and figures about the Yemen LNG project:
- A $4.5 billion investment, the biggest ever made in Yemen.
- A 320-kilometer gas pipeline carries feed gas from Block 18 in central Yemen’s Marib region to the Balhaf liquefaction plant on the country’s southern coast.
- With the startup of the second train, total production capacity reaches 6.7 million tons of LNG per year, equal to a hundred cargos to be delivered each year over 25 years. Since the start-up of the first train, 18 cargos have already been delivered to South Korea, the United States, China, Spain and Mexico.
Total is the main shareholder in Yemen LNG, with an interest of 39.62%, alongside state-owned Yemen Gas Company (16.73%), Hunt Oil Company (17.22%), SK Energy (9.55%), Korea Gas Corporation (6%), Hyundai Corporation (5.88%) and Yemen’s General Authority for Social Security and Pensions (GASSP, 5%).