Yemen Observer: http://www.yobserver.com
Business & Economy
Written By: Yemen Observer Staff
Article Date: Jan 30, 2012 - 8:31:26 PM
Vice President Abdo Rabbu Mansour Hadi met on Saturday with a delegation of the French Total Group.
During the meeting, the Vice President stressed the need to raise the rates of production in order to parallel with the country’s multiple economic needs.
He urged the leadership of the company to work on the achievement of the revenues and economic benefits required.
Hadi also ordered the Petroleum and Minerals Ministry to provide the necessary facilities to develop the required conventions for promoting the economic development and investments between Yemen and France.
Moreover, Prime Minister Mohammed Salem Basendwa met on Saturday with a delegation of the French Total group in visit in Yemen.
During the meeting, they discussed the activities of Yemen LNG led by Total, which is the largest foreign investor in Yemen.
The delegation briefed Basendwa on the company's plans and efforts to develop and expand its oil exploration and production in Yemen.
The Prime Minister stressed his government's full support for the company.
He stressed also the importance for TOTAL to continue developping its operations and expand its activities in the country.