Business for Peace Award

Yemen boasts huge hidden natural gas potential

Published on 11 February 2013 in News
Amira Nasser (author)

Amira Nasser


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The Petroleum Exploration and Production Authority estimated the potential volume of natural gas in Yemen to be a little over 18 billion cubic meters.

Adel Alhazmi, the general manager of exploration in the authority told the Yemen Times that between 80-85 percent of Yemen’s natural gas is located in Marib governorate, with remaining reserves in Shabwa and Masila districts.

Abdulsalam Alkamel, the general manager of petroleum production in the authority, indicated that the current annual production of natural gas is estimated to be 2 billion cubic meters.

He added, with the gas industry opening up to private investment and public private partnerships, the foundations will be laid for new investment frameworks that increase benefits to Yemenis.

With 80 percent of the current private sector investment in Marib, the government is also keen to open up other areas of the country.

“There are similar investment expectations in the Red Sea and the “Moon Islands” basin in Mahra district,” Alkamel further commented.

Talking about the progress made in petroleum and gas explorations, Alkamel said, “We are now witnessing exploration developments as there are five blocks of land where companies are currently searching for oil and gas resources”.

He added that as long as the country’s situation remains stable,  petroleum and gas profits will be used to develop Yemen.

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2 Response(s) to “Yemen boasts huge hidden natural gas potential”

  1. Fuad Al Sakkaf 13.02.2013 at 14:01
    He added that as long as the country’s situation remains stable, petroleum and gas profits will be used to develop Yemen _______________________ I wish that natural wealth in Yemen stays buried until time takes away the corrupted oil-mongers of the country. Very little is seen from oil in the development of the country. Same goes to corrupted banana republics Nigeria, Angola and Uzbekistan. The list is long.
  • Ron Wagner 12.02.2013 at 19:19
    Natural gas is the future of energy. It is replacing dirty old coal plants, and dangerous expensive nuclear plants. It will fuel cars, trucks, vans, buses, locomotives, aircraft, ships, tractors, engines of all kinds. It costs far less. It will help keep us out of more useless wars, where we shed our blood and money. It is used to make many products. It lowers CO2 emissions, and pollution. Over 4,800 select natural gas story links on my free blog. An annotated and illustrated bibliography of live links, updated daily. The worldwide picture of natural gas. Read in 71 nations. ronwagnersrants . blogspot . com
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