Fresh from concluding the country’s months-long National Dialogue, Yemeni officials have turned their attention back to one of the most highly-charged issues to have beset the government since it took office in February 2012: price review negotiations with its LNG customers.
San’a has been under intense pressure from parliamentary circles to renegotiate up the price it receives for its LNG exports on the grounds that the price initially agreed with French buyers Total and GDF Suez, and South Korea’s Kogas in 2005, was allegedly well below market rates. (CONTINUED - 656 WORDS)
