Yemen Extends its Oil Discoveries [Archives:2000/40/Business & Economy]
October 2 2000
Yemen is planning to extend its oil discoveries, specially after signing the borders treaty with Saudi Arabia. Oil resources anticipated more commercial quantities of oil in western Yemeni regional water and gas at the bottom of the Red Sea. This will create more investment opportunities. Oil reserves are estimated at about 5,7 billion barrels and 14 trillion cubic feet of natural gas.
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