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The Terminal Handling section provides a comprehensive posting of all the latest container handling, terminal logistics, and dry bulk, liquid bulk and specialist handling related news. Have news to submit? Email the Editor.
Feb 04, 2010
Yemen LNG soon to be transported to US
The first shipment of Yemen Liquified Natural Gas (LNG) is expected to be transported to the USA soon.
The shipment will be sent from Balhaf harbour, Shabwa province, to Boston harbour, USA, later this month.Yemen's President Ali Abdullah Saleh launched the first shipment of gas to international markets in Asia, Korea and the two Americas back in November, last year. The project, after 15 of construction, will generate US $30-50 billion for Yemen over 25 years. The Yemen LNG project is the largest and most important investment ever made in Yemen, with an investment of around US $4.5 billion. It consists of supplying gas from Block 18, in the Marib region in central Yemen, through a 320 kilometres of specialised pipeline to the LNG plant at the port of Balhaf on the Arab Sea, southeast Yemen. The project shareholders are TOTAL (Project Leader) (39.62%), Yemen Gas Company (16.73%), Hunt Oil Company (17.22%), SK Energy Co., Ltd. (9.55%), Korea Gas Corporation – KOGAS (6.00%), the General Authority for Social Security and Pensions of Yemen (5.00%) and Hyundai Corporation (5.88%)
 
A word from ESPO
 1 September is not only the start of a new school year for many children, it also marks a fresh start for EU lobbyists after the August intermezzo during which the otherwise buzzing Schuman quarter in Brussels traditionally becomes an eerie ghost town.
WFS Technologies announces appointment of Dr Mark Volanthen as Chief Executive OfficerWFS Technologies has announced the appointment of Dr Mark Volanthen as Chief Executive Officer.
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