Yemen auctions off blocks to attract foreign investment

Yemen has invited international companies to bid for exploration and development rights in five oil blocks around the country as it gives top priority to building up its oil output and reserves, the oil minister said on Sunday.

Yemen: Five oil blocks will be auctioned off in Yemen with the aim to increase foreign investment and exploration operations
Yemen: Five oil blocks will be auctioned off in Yemen with the aim to increase foreign investment and exploration operations
Published 17 September 2012, 03:55Updated 11 October 2016, 10:53
Middle East