Yemen may sell LNG to India, China
A high-level delegation from the Indian ministry of petroleum and natural gas is expected to arrive soon to Yemen to discuss importing liquefied natural gas, a press report said on Wednesday.
<i>The Financial Express</i> newspaper said that India, which has been trying to break a new ground for its energy requirements, either through acquiring oil equity or getting into bilateral deals, is now in talks with French energy major Total to buy at least 2.5 million tones of LNG on a long-term basis. It should be noted that a large part of the LNG exploration activities in Yemen are carried out by a consortium of energy majors led by Total.
Yemen has been negotiating with India and China for over three years for the marketing of its LNG, <i>SABA</I> reported. The quantity expected to be annually exported to India and China is 3 million tons each.