May 21 2008 - Yemen Online

A consortium led by the French company Total along with South Korean and Japanese members signed a loan package worth $2.7 billion for Yemen LNG, which is currently completing Yemen's first liquified natural gas terminal.

Previously $2 billion of funding for the project had been cancelled when Hunt Oil, who is the second largest private stakeholder in Yemen LNG, had it's concession for Ma'rb's energy block 18 withdrawn in favour of a state-owned oil company, Safir.

No details were released on when the plant was scheduled to be opened.