Yemen is to organize a conference on oil exploration and production
soon, Minister of Oil and Minerals Khaled Bahah said on Wednesday.
During his meeting with French delegation headed by consultant of the Middle East Financial and Economic Affairs at the French Finance Ministry, Bahah added that the conference would be held to clarify the whole picture on oil and minerals industries in Yemen.
They discussed trends of the ministry to extend horizons of investment in gas sector due to the decrease of oil production.
Meanwhile, the oil minister held a meeting with the delegation of Spanish ENDESA company over oil investment opportunities in Yemen and merits offered by Yemen Investment Law
Bahah pointed out to the Liquefied Natural Gas project (LNG) in Shabwa governorate as a strategic project.
He affirmed concern of the government to remove all obstacles facing investors, welcoming Spanish investments in Yemen.