China has trend to push investments towards Yemen
The Source: SANA'A/hadhramaut.info/sabanews.net - 07/08/2012
Home \
Business News
Chinese ambassador to Yemen Liu Deng Lin has confirmed his country's trend to push the Chinese investments towards Yemen. In his meeting here on Sunday with Minister of Oil and Minerals Hisham Sharaf, the Chinese ambassador renewed his country's supportive position for Yemen's security and stability.
During the meeting, the two sides discussed aspects of cooperation between the two countries in a number of fields, especially the oil and gas, as well as promoting for the coming of a number of Chinese companies to Yemen to work in the areas of exploration and oil services.
Sharaf briefed the Chinese ambassador on the latest developments in Yemen, especially the resuming of work in Marib- Ras Issa pipeline, which represents one of the main economic pillars for oil production and export.He touched upon the Oil Ministry's program for the transitional phase, which is topped by providing the necessary finance for a number of strategic projects in the oil and gas areas from the Yemeni government, international partners and the Yemeni and Arab private sector.Ministry of Oil and Minerals is currently adopting a promotional program aims to make clear to the representatives of donor countries and the GCC countries the importance of supporting investments in oil and gas exploration in Yemen, as the main source of enhancing the national economy in the current circumstances.
|