History
Yemen LNG Company was incorporated in 1995 to develop the LNG plant. In 1997, the development was halted because of the Asian economic crisis. The project was launched only in August 2005 after signing three LNG supply contracts. On 29 October 2007, Yemen LNG and Yemen state-owned oil and gas company Safer Exploration and Production agreed a 20-year contract, according to which Safer grants the LNG plant with supply up to 12.5 billion cubic meter (bcm) of gas per year from the Block 18 of the Marib-Jawf field. The production started on 15 October 2009.
Read more about this topic: Yemen LNG
Famous quotes containing the word history:
“It is my conviction that women are the natural orators of the race.”
—Eliza Archard Connor, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 9, by Susan B. Anthony and Ida Husted Harper (1902)
“Every literary critic believes he will outwit history and have the last word.”
—Mason Cooley (b. 1927)
“My good friends, this is the second time in our history that there has come back from Germany to Downing Street peace with honour. I believe it is peace for our time. We thank you from the bottom of our hearts. And now I recommend you to go home and sleep quietly in your beds.”
—Neville Chamberlain (1869–1940)