Advertise   Subscribe Contact Yemen Post
 
About Us   Our Mission Terms & Services
Yemen Post Newspaper Logo  
Editor Picture By 2015, closed door meetings for Yemen President Abdurabu Hadi will be limited.... Foreign embassy searches not ruled out....Foreign censorship halted..... Yemenis linked with foreign intelligence hunted for.
cheat on my husband online catch a cheater
how to cheat wife why wife cheat all wives cheat
website click here online
read here women who want to cheat website
how abortion works average cost of abortion where can you get the abortion pill
chlamydia test kits click early signs of chlamydia
how to prevent hiv link facts about hiv/aids
rifaximin pill mikemaloney.net levaquin pill
find location cell phone number go tracking device for vehicle
coupon for viagra rx coupon code viagra coupon free
clobetasol 0.05% zovirax pill propecia pill
propranolol 10mg blog.dotnetnerd.dk diprolene
 
Hakim Almasmari  
 Publisher & Editor in Chief   
  Email the Editor
Advanced Search
HOME EDITORIAL
how abortion works celebrity abortion stories where can you get the abortion pill
what are std symptoms will penicillin cure chlamydia free std clinic los angeles
LOCAL
why do women cheat on husbands why husband cheat read
hiv and aids statistics information about hiv aids hiv statistics
abortion bill abortion clinics in pittsburgh pa abortion illegal
treatments for hiv/aids signs of aids in women hiv aids statistics
chlamydia test kits stdstory.com early signs of chlamydia
INTERVIEW REPORT
married men who cheat with men why do guys cheat how to cheat husband
how many women cheat on husbands cheat wife click
website website online
hiv and aids statistics information about hiv aids hiv statistics
abortion bill how much is it to get an abortion abortion illegal
POLITICS
how to cheat wife why wife cheat all wives cheat
what are std symptoms will penicillin cure chlamydia free std clinic los angeles
chlamydia test kits stdstory.com early signs of chlamydia
BUSINESS
click here click read
why do women cheat on husbands women that cheat on their husbands read
how to cheat wife why wife cheat all wives cheat
hiv and aids statistics treatment of hiv aids hiv statistics
HEALTH
abortion bill how much is it to get an abortion abortion illegal
YEMEN IN THE NEWS
how many women cheat on husbands online click
MIDDLE EAST
link open click here
click here unfaithful spouse read
what are std symptoms will penicillin cure chlamydia free std clinic los angeles
INTERNATIONAL
why do women cheat on husbands women that cheat on their husbands read
hiv and aids statistics treatment of hiv aids hiv statistics
ARCHIVE
website website online
read here click here website
LATEST UPDATES Follow Yemen Post daily updates on our Twitter page @YemenPostNews :: Houthi forces block vital goods into Taiz, HRW says :: ISIS claims second deadly car bomb in two days in Aden :: Houthis fire ballistic missile on Anad base, destroy five military boats off Yemen :: Gunmen kill Yemen Colonel amid persistent challenges in Aden :: Again, UN seeks international probe into Yemen violations :: Aljazeera crew released in Yemen :: At least 8 people killed in Aden car bomb :: 11-member family killed in Yemen airstrike :: Yemen in emergency appeal to help 1.700 facing death ::
BREAKING NEWS
z
REPORT
click here men who have affairs read
married men who cheat with men why do guys cheat how to cheat husband
how many women cheat on husbands cheat wife click
website website online
hiv and aids statistics information about hiv aids hiv statistics
abortion bill how much is it to get an abortion abortion illegal
Last updated: 05:57:29 PM GMT(+03) Monday, 03, March, 2014
 
 

Yemen versus France: President Hadi threatens TOTAL with international court over LNG prices

how to prevent hiv hivletter.com facts about hiv/aids
tracking phone calls and text messages sms gizmo tracking spyware for text messages
 
*
 Yemen Post Staff
how many women cheat on husbands reason why husband cheat click
hiv and aids statistics treatment of hiv aids hiv statistics
black women white men affairs with married men husband cheated
treatments for hiv/aids humanitarian aid organizations hiv aids statistics

By Shaher Abdulhak Saleh

Faced with an aggravated economic crisis and dangerously low foreign currencies reserve, President Abdo Rabbo Mansour Hadi first had to turn toward the oil sector to try to establish how best to maximize Yemen’s income revenues, when he took power in 2012. Since the oil and gas industry represents over 70% of Yemen’s national budget, it was only natural for President Hadi to want to how so far his predecessor, former President Ali Abdullah Saleh had managed the country’s main source of revenues.
A closer look at Yemen developing LNG industry revealed that under current arrangements Yemen had agreed to sell its LNG at a significantly discounted price: $3 per million British thermal units (Btu).
In a remark to the press back December 2013, when the coalition government looked into Yemen LNG dossier, prompted by expressions of outrage from the public over the perceived squandering of public money, Shawki Al-Mekhlafi, the deputy minister of Yemen’s Ministry of Oil and Minerals, emphasized that “agreements signed during the former regime deprived Yemen of full and fair compensation for LNG sales.”
According to national data, Yemen has sold its gas well beyond market prices, $9 below market price to below to be precise. For the past decade Yemen has systematically lost an average of $700 million per annum, which given the state of Yemen’s finances seems rather odd.
As per the Oil Ministry record Yemen signed with TOTAL, KOGAS and GDF-Suez a 20 year agreement for the sale of its gas at $3 per million Btu.
As Yemenis called on the coalition government to immediately look into the matter as to re-align Yemen with global markets and secure the nation a fair return on its natural resources, France, which has a majority interests in Yemen LNG and represents both TOTAL and GDF-Suez, Yemen’s main LNG buyers, has dragged its feet, keen on perpetuating Saleh’s arrangement over a price re-adjustment.
In December, Ahmed Dares, Yemen’s Oil minister confirmed that following a round of negotiations with KOGAS (Korean company) Yemen had modified its sale agreement to match current market level. Starting 2014, Kogas will buy Yemen LNG at a rate of $12.6 per million Btu.
So far France remains undecided.
Earlier this January, Prime Minister Mohammed Salem Basindwa discussed with Chairman of the French energy company TOTAL Christophe De Margerie future cooperation and collaboration in the industry. The PM notified de Margerie of KOGAS’ decision, stating that TOTAL now faced two options: a discounted rate of $12.6 per million Btu or full market price at about $14 per million Btu.
As per noted by officials, Yemen cannot afford to discount its natural resources when millions of its people face unprecedented economic hardship.
Because TOTAL has so far declined to respond to Yemen’s offer, Prime Minister Basindwa warned that should an agreement fail to be brokered according to the nation’s expectations; the government would take the matter to the international court and debate there the matter of Yemen-France’s LNG agreement.
Since it has been rumoured that TOTAL heavily bribed former regime’s government officials to secure such discounted prices, a simple matter of contractual price change could turn into a corruption case with great ramifications.
While former President Saleh has always denied wrongdoings, officials at the Oil ministry noted that despite many requests, Saleh had fail to ever explain why he voluntarily chose to discount Yemen’s LNG resources when he could have easily secure the nation an income of $1 billion per year instead of $300 million per year.
Minister of Oil officials said that the Yemeni government might plan to operate the YLNG projects themselves if a deal is not reached with France and wil use the expertise of local businessmen like Shaher Abdulhak "and Haitham al-Aiani in the process. Since 2005, when former President Saleh signed the LNG agreement with TOTAL, KOGAS and GDF-Suez, Yemen has lost an estimated $5.6 billion of unrealised income. When considering Yemen’s current national deficit stands at $3.2 billion, one can easily understand why so many Yemenis feel deeply uneasy about the situation, especially since the impoverished nation has been put in a situation where it had to bed the international community to pledge funds to finance its economic recovery.
 

 

 

 

 

women who cheat on relationships reasons wives cheat on their husbands I cheated on my boyfriend
hiv and aids statistics new aids treatment aids hiv statistics

Yemen Post Staff
*
Source: Yemen Post Newspaper
married men who cheat with men women cheat how to cheat husband
abortion bill abortion clinics abortion illegal
walgreens coupons online open walgreens prints coupon
walgreens promo code 2015 open free discount prescription cards
 
 
MORE REPORT
click here men who have affairs read
married men who cheat with men why do guys cheat how to cheat husband
how many women cheat on husbands cheat wife click
website website online
hiv and aids statistics information about hiv aids hiv statistics
abortion bill how much is it to get an abortion abortion illegal
 
Yemeni Expatriates, Remittances and Sustainable Development
Open Budget Survey Findings Released
Military progress could change reality in Yemen
how abortion works celebrity abortion stories where can you get the abortion pill
i told my husband i cheated on him open i cheated on my husband should i tell him
Yemeni Journalists: Toughest Times Ever
how abortion works celebrity abortion stories where can you get the abortion pill
what are std symptoms will penicillin cure chlamydia free std clinic los angeles
walgreens coupons online walgreens coupon deals walgreens prints coupon
Skepticism over benefit of Geneva talks on Yemen
read here click here website
teen pregnancy abortion in first trimester how much for a abortion
best spyware app crossbordercapital.com phone spy free app
Skepticism over benefit of Geneva talks on Yemen
why do women cheat on husbands why husband cheat read
read here click here website
black women white men affairs with married men husband cheated
i told my husband i cheated on him site i cheated on my husband should i tell him
THE SAUDI-LED BLOCKADE IS DEVASTATING YEMEN
link open click here
what are std symptoms venereal disease list free std clinic los angeles
treatments for hiv/aids signs of aids in women hiv aids statistics
i told my husband i cheated on him open i cheated on my husband should i tell him
Yemen swaps for gas engines amid deepening fuel crisis
how to cheat wife my wife cheated all wives cheat
teen pregnancy link how much for a abortion
tracking phone calls and text messages sms gizmo tracking spyware for text messages
Yemen rushes to complete collapse
website website online
abortion bill abortion clinics abortion illegal
reasons wives cheat on their husbands why men cheat all wives cheat
best free text spy app spy text app 100 free spy apps for android
chlamydia test kits home test for std early signs of chlamydia
Experts: Yemen should not completely depend on Arabs, army now needed
unfaithful wives looking for affair cheat on husband
how to cheat wife why wife cheat all wives cheat
website website online
abortion bill how much is it to get an abortion abortion illegal
how abortion works celebrity abortion stories where can you get the abortion pill
treatments for hiv/aids signs of aids in women hiv aids statistics
reasons why women cheat open what makes a husband cheat
i love my wife but i want to cheat site i want my wife to cheat
 
 
Comments
 
Leave a Comment
Comment will be published once it has been approved by our moderators.
Name:
Title:
Comment:

TERMS AND CONDITIONS
Yemen Post may edit comments for length and clarity but will not change the tone of the message. Comments will only be accepted if all fields (including name) are filled correctly and the message isn't abusive, defamatory or offensive. All comments sent may be forwarded for use in the Yemen Post newspaper.
Article Tools
Email this Article Email this article
Print Friendly Version Print Freinedly Version
Email this Article Email the Editor
 
Most popular
 Follow Yemen Post daily updates on our Twitter page @YemenPostNews
 Houthi forces block vital goods into Taiz, HRW says
 Houthis fire ballistic missile on Anad base, destroy five military boats off Yemen
 ISIS claims second deadly car bomb in two days in Aden
 At least 8 people killed in Aden car bomb
 Aljazeera crew released in Yemen
 
Services
  Letters to the Editor
treatments for hiv/aids what are the chances of getting hiv hiv aids statistics
teen pregnancy shareabortionstory.com how much for a abortion
early stages of hiv treatments of hiv/aids the symptoms of aids
why do women cheat on their husbands ironsharpdev.com husbands who cheat
cheat on your wife website how do you know your wife cheated how do you know your wife cheated
hotel sex story adult anal sex stories sex education story
walgreens promo code 2015 open free discount prescription cards
when your husband cheats solveit.openjive.com women cheat
sildenafil citrate jcmikkelsen.dk furosemide pill
prescription card discount carp-fishing.nl coupon prescription
my husband cheated storyofcheating.com women affairs
  Dear President
link open click here
abortion bill how much is it to get an abortion abortion illegal
how to prevent hiv click facts about hiv/aids
i want my wife to cheat on me robertsuk.com my wife cheated on me now what do i do
walgreens promo code 2015 open free discount prescription cards
vibramycin open cipro 250mg
incomplete abortion early abortion options abortion pill facts
  Advertise
click here unfaithful spouse read
how to cheat wife my wife cheated all wives cheat
how many women cheat on husbands online click
read here women who want to cheat website
abortion bill how much is it to get an abortion abortion illegal
black women white men married men who cheat husband cheated
teen pregnancy link how much for a abortion
why do women cheat on their husbands wives who cheat husbands who cheat
my girlfriend cheated on me with my best friend blog.mondor.org girlfriend cheated on me
keflex 750mg prednisolone 10mg albuterol (salbutamol)
sildenafil citrate jcmikkelsen.dk furosemide pill
vibramycin shouldersofgiants.co.uk cipro 250mg
clobetasol 0.05% zovirax pill propecia pill
  Subscribe
how abortion works surgical aspiration abortion where can you get the abortion pill
cvs deal this week allindiasweetsrestaurant.com cvs sale ad
walgreens coupon code photo peterdn.com coupons free
keflex 750mg open albuterol (salbutamol)
sildenafil citrate jcmikkelsen.dk furosemide pill
cialis 40mg thyroxine 50mcg keflex 250mg
levitra site levofloxacin 250mg
gabapentin 300mg clomid cialis 80mg
vermox suspenzija vermox suspenzija vermox sirup cijena
prescription drug coupons mobilenoter.com free discount prescription card
  Submit Your Articles
unfaithful wives looking for affair cheat on husband
read here link website
hiv and aids statistics new aids treatment aids hiv statistics
best free text spy app android spy cam 100 free spy apps for android
did my husband cheat why did i cheat on my husband why would my husband cheat
hotel sex story adult anal sex stories sex education story
free erotic adult stories astrobix.com illistrated adult stories
tretinoin link keflex 500mg
prescription drug coupons viagra savings and coupons free discount prescription cards
vermox suspenzija vermox sirup cijena vermox sirup cijena
  Classified
should i tell my girlfriend i cheated blog.rewardsrunner.com is my girlfriend cheated on me
my girlfriend cheated on me with my best friend blog.mondor.org girlfriend cheated on me
i told my husband i cheated on him site i cheated on my husband should i tell him
i love my wife but i want to cheat ballslapped.com i want my wife to cheat
how to get an abortion pill go post abortion
signs of infidelity reasons women cheat on their husbands what to do when husband cheats
free prescription drug discount card internet drug coupons prescription drugs discount cards
coupon viagra click coupon for viagra
abortion aftercare click cost for abortion
prescription drug coupons prescription drugs coupon free discount prescription card
  Readers' Letters
link open click here
women who cheat on relationships how to know if wife has cheated I cheated on my boyfriend
how many women cheat on husbands cheat wife click
walgreens coupon code photo read coupons free
clomiphene 100mg viagra 120mg ventolin
buy viagra 100mg viagra without a doctor prescription viagra 100 mg
levitra site levofloxacin 250mg
abortion rules abortion prices abortion pill costs
abortion aftercare geekics.com cost for abortion
 

Sabafon

printable coupons for cialis drug discount coupons cialis online coupon
 
Quick poll
Do you think the war in Yemen Will last more than a Year?
walgreens coupon code photo how to get free coupons coupons free
coupon for viagra medication coupon viagra coupon free
viagra coupon viagra trial coupon viagra prescription coupon
discount prescription coupons click free coupon for viagra
my husband cheated storyofcheating.com women affairs
new prescription coupon link free discount prescription card
after an abortion areta.se cheap abortion pill
cialis trial coupon cialis coupon cialis coupons online
prescriptions coupons prescription drug coupons coupons prescriptions
prescription drug discount cards free cialis coupon 2016 coupon for prescriptions
tudorza patient assistance bystolic generic name bystolic coupon 2014
where can i buy abortion pills pro abortion does an abortion hurt
abortion clinics in chicago geekics.com abortion pros and cons
prescription drugs discount cards survivingediscovery.com cialis 2015 coupon
nyc abortion website-knowledge.com where to get the abortion pill
cialis coupons 2015 pallanuoto.dinamicatorino.it prescription savings card
lisinopril side effects sun http://lisinopriland.net/side/effects/sun lisinopril side effects sun
manufacturer coupon for bystolic bystolic savings card program bystolic savings card
gabapentin effect on gabapentin effect on gabapentin effect on
sumatriptan patch http://sumatriptannow.com/patch sumatriptan patch
internet drug coupons coupons for prescriptions cialis discounts coupons
tegretol cr pallanuoto.dinamicatorino.it tegretol zdravilo
imodium alkoholi link imodium alkoholi
symbicort inhalator open symbicort pil
lamictal iskustva ilo.dataflow.com.lb lamictal i dojenje
abortion statistics alessiariflesso.com how much does it cost to have an abortion
free coupon printing sites best site for coupons free online coupons
vermox tablete doziranje vermox doziranje vermox
nurofen for children nurofen ingredients list nurofen zavance
coupon websites for food alsarayabahrain.bh make coupons online for free
free abortion pill early abortion pill options how much does an abortion pill cost
buy abortion pill abortion pill services anti abortion facts
facts on abortion pill abortion pill quotes getting an abortion pill
abortion pill questions acnc.com late term abortion pill
abortion pill articles abortion pill risks pro choice abortion pill
early abortion pill abortion pill cost methods of abortion pill
naltrexone studies go naltrexone injection for opiate addiction
naltrexone definition go use of naltrexone
naltrexone side effects avonotakaronetwork.co.nz when to take ldn


VOTE  OR SEE POLL RESULTS
 

   
   
   
© Yemen Post. All Rights Reserved 2007- 2017    

 Designed and developed by
  HyperLink