US companies invited to invest in Yemen
The Source: www.sabanews.net - 8/2/2009
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At his meeting with the US envoy to Yemen, Minister of Oil and Minerals
Amir Salim al-Aidrous has invited the US companies to invest in the
oil, gas and minerals fields in the country. He affirmed that
the oil sector is one of the most promising economic sectors in Yemen,
saying only 20 percent of the oil deposits has been already discovered.
Al-Aidrous and the US ambassador Stephen Seche also discussed
investment opportunities in these fields and means to promote mutual
cooperation. The meeting also dealt with facilitations provided for foreign capitals and companies interested in investment in the country. The
issues of cooperation on training at oil exploration areas as well as
qualifying specialists for assistant works in oil posts were raised at
the meeting as well. The two discussed the activities of the US oil companies in the country and the possibility of expanding them in the future.
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