http://www.english.hadhramaut.info Yemen, Total review oil, gas future plans [The Source: SANA'A/hadhramaut.info/sabanews.net - 02/10/2010] Yemen and Total Company reviewed here on Saturday the future plans in oil and gas fields. During his meeting with Prime Minister Ali Mujawar, Total Chairman Christophe de Margerie presented a detailed explanation on the work progress of exploration and production activities in the company's concession area.
Margerie also talked about aspects related to the Yemeni liquid gas exports.
The company is currently working on increasing its oil production from 60,000 to 80,000 barrels per day in the coming period in addition to improving gas sales via exporting to new markets, he addedTotal Chairman noted to the huge successful achieved within the partnership between Yemen and Total in oil and liquid gas areas, affirming the company's readiness to promote its investing relations with Yemen.For his part, the Premier hailed Total's vital role of investment in oil and gas sectors as a strategic partners in Yemen, appreciating the company's developmental plan to increase oil production volume.Mujawar noted to the importance of accelerating works in Marib-Ma'abar pipeline project Total has obligated to carry out to assist the government's plan to increase power generation via gas, saying that Margerie's visit to Yemen would strengthen the existing partnership to serve the two sides' common interests.