Yemen LNG ‘force majeure’ has only limited impact

Monday, 24 October 2011

 

The decision by Yemen LNG to declare “force majeure” after the terrorist attack on its feed-gas pipeline is unlikely to have much effect on the Asia-Pacific short-term market.

Korea Gas Corp. is one of the plant’s long-term customers, but because Kogas LNG stocks are currently high the state-run natural gas company has no need to seek replacement cargoes on the spot market, analysts said.


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Last modified on Thursday, 27 October 2011 09:54
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