Press Review [Archives:1999/38/Press Review]

September 20 1999

Renovation of the oil terminal at Hodeidah port 
 Last Tuesday, the 14th of September 1999, the General Establishment For Oil and Gas , signed an agreement with the Iranian company (Benead). The agreement stating a project to renovate the oil terminal at Hodeidah port. The project will include the replacing of the oil pipelines with new ones, erection of two huge oil tanks built to resist corrosion, fire Éetc. The terminal will fully be furnished and utilized to receive oil trucks with capacity of a total load of 35 thousand tons. The total cost of the project is YR 913 million out of which, YR 833 million will be allotted for construction works and YR80 million for the consultation and supervision of the project.