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Yemen LNG declares force majeure

by ChemOrbis Editorial Team - content@chemorbis.com
  • 15/04/2015 (10:04)
According to a press release from Yemen LNG Company, the producer halted their LNG (Liquefied Natural Gas) plant on Tuesday, April 14 due to worsening security concerns.

“Due to further degradation of the security situation in the vicinity of Balhaf, Yemen LNG has decided to stop all LNG producing and exporting operations and start evacuation of site personnel. The plant will remain in a preservation mode. As a consequence of the current situation, Yemen LNG has declared Force Majeure to its various stakeholders. The company will continue to survey closely the situation at the plant and its vicinity,” the statement said.

A week before the force majeure, media sources had reported that the company had to shut one of their production units given the ongoing combat in the surrounding area.
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