Yemen LNG production halted

Yemen LNG, the operator of the country’s only export plant located in Balhaf, said it has stopped all production of the chilled gas as fighting approaches the facility.

“Due to further degradation of the security situation in the vicinity of Balhaf, Yemen LNG has decided to stop all LNG producing and exporting operations and start evacuation of the site personnel,” it said in a statement on Tuesday.

Yemen LNG also said it has declared force majeure to its stakeholders. The liquefaction plant will remain in a preservation mode, according to the statement.

The US$ 4.5 billion LNG export plant, operated by France’s Total, has three long-term contracts to supply the chilled gas to GDF Suez, Kogas and Total Gas & Power.

It consists of two parallel processing trains with a total production capacity of 6.7 million metric tons per year.

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LNG World News Staff; Image: Yemen LNG