Yemen LNG has satisfactorily completed testing the performance of the LNG plant at Balhaf and of the Upstream facilities on Block 18.
These technical tests comprised a 180 day test of the Upstream Facilities on Block 18, a 10 day test of each of the three existing cryogenic units on Block 18 and a 90 day test of the LNG plant at Balhaf.
A test of the new cryogenic unit under construction on Block 18 remains to be done in 2012.
These tests were conducted in close cooperation between Sepoc, the operator of Block 18, and Yemen LNG, the operator of the LNG project. Testing constitutes a milestone under the loan agreements. A 2.8 billion dollar project financing was organized in 2008 with Yemen LNG shareholders, international banks and export credit agencies.
[mappress] Source: Yemen LNG, November 1, 2011