Yemen : A Natural Gas Incentive Framework

Yemen is planning to export gas through Yemen Liquefied Natural Gas (YLNG) starting from 2009. Yemen is also aiming to develop the domestic gas market, in particular gas-to-power. Liquefied Natural Gas (LNG) export revenue and domestic gas sales are expected to partially offset the decline in crude oil revenue from currently producing fields. The development of a gas sector has the potential to substantially contribute to Yemen's economic growth and fiscal revenue generation. Because of the high risk and considerable investment involved in developing a gas sector, attracting foreign capital and expertise will be essential. To this end, in addressing the public interest and developing the preferred policies, Yemen should ensure that decisions on project development and technologies will be based on their economic merits, and gas will be allowed to find its highest value market.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2007
Subjects:	ALTERNATIVE FUEL, ALTERNATIVE FUELS, ALTERNATIVE USES, APPROACH, ASSOCIATED GAS, BALANCE, BALANCE OF PAYMENTS, BARREL, BARREL OF OIL, BARRELS OF OIL, CEMENT, CLEAN FUEL, COMPETITIVE GAS MARKETS, COMPRESSED NATURAL GAS, CONSTRUCTION, CONSTRUCTION COST, CONTRACTUAL ARRANGEMENTS, CONTRACTUAL COMMITMENTS, CORPORATE INCOME TAX, COST OF GAS, CRUDE OIL, CRUDE OIL EXPORTS, CRUDE OIL PRODUCTION, DIESEL, DISTRIBUTION NETWORK, DISTRIBUTION SYSTEM, DIVIDEND PAYMENTS, DOMESTIC CRUDE OIL, DOMESTIC GAS, DOMESTIC GAS MARKET, DOMESTIC USE, DOWNSTREAM GAS, DOWNSTREAM GAS SECTOR, ECONOMIC REGULATION, ECONOMIC THEORY, EFFICIENT USE, ELECTRICITY, ENERGY COSTS, ENERGY INFORMATION ADMINISTRATION, ENERGY INPUT, ENERGY PRODUCTS, EXTRACTIVE INDUSTRIES, FISCAL REGIME, FISCAL SYSTEM, FISCAL TERMS, FOREIGN EXCHANGE, FUEL, FUEL COST, FUEL COSTS, FUEL OIL, GAS AND ELECTRICITY, GAS CHAIN, GAS COMPANY, GAS CONSUMPTION, GAS DEMAND, GAS DEVELOPMENT, GAS DISCOVERIES, GAS EXPLORATION, GAS EXPLORATION AND DEVELOPMENT, GAS EXPLORATION AND PRODUCTION, GAS EXPORTS, GAS FIELDS, GAS INDUSTRY, GAS INDUSTRY STRUCTURE, GAS INFRASTRUCTURE, GAS INFRASTRUCTURE DEVELOPMENT, GAS LAW, GAS MARKET DEVELOPMENT, GAS MARKET STRUCTURE, GAS MARKETS, GAS NETWORK, GAS PIPELINE, GAS PIPELINES, GAS PRICE, GAS PRICES, GAS PRODUCER, GAS PRODUCTION, GAS RESERVES, GAS SALE, GAS SALES, GAS SECTOR, GAS SECTORS, GAS SUPPLY, GAS TARIFFS, GAS TRANSMISSION, GAS TRANSMISSION PIPELINE, GAS TRANSPORTATION, GAS TURBINE, GENERATION CAPACITY, GROSS DOMESTIC PRODUCT, HEAVY FUEL OIL, HIGH LEVELS, HYDROCARBON LAW, HYDROCARBON RESERVES, HYDROCARBON SECTOR, INCOME, INVESTMENT OPPORTUNITIES, KILOWATT HOUR, LIQUEFACTION, LIQUEFIED PETROLEUM GAS, LNG, LNG PLANT, LNG PROJECT, MARGINAL COST, MARGINAL COSTS, MIDDLE EAST, MILLION BARRELS, MILLION TONS PER ANNUM, MULTIPLE GAS SUPPLIERS, NATIONAL GAS, NATURAL GAS, NATURAL GAS COMMODITY, NATURAL GAS INDUSTRY, NATURAL GAS PRICE, NATURAL GAS PRICING, NATURAL GAS RESERVES, NATURAL GAS RESOURCES, NATURAL GAS TRANSMISSION, NONRENEWABLE RESOURCES, NORTH AFRICA, OIL & GAS, OIL & GAS SECTOR, OIL &GAS, OIL AND GAS, OIL AND GAS SECTOR, OIL COMPANIES, OIL COMPANY, OIL DISCOVERIES, OIL EQUIVALENT, OIL EXPORTS, OIL IMPORTER, OIL PRICES, OIL PRODUCTION, OIL PRODUCTION FORECASTS, OIL PRODUCTS, OIL RESERVES, OIL REVENUES, OIL SECTOR, OPEC, PETROLEUM, PETROLEUM COMPANY, PETROLEUM EXPLORATION, PETROLEUM EXPORTING COUNTRIES, PETROLEUM GAS, PETROLEUM PRODUCTS, PETROLEUM SECTOR, PETROLEUM SHARING AGREEMENT, PIPELINE, PIPELINE INFRASTRUCTURE, PIPELINE INVESTMENT, PIPELINE NETWORK, PIPELINE ROUTING, POWER, POWER GENERATION, POWER GENERATORS, POWER PLANT, POWER PLANTS, POWER PRICES, POWER PRODUCER, POWER SECTOR, POWER STATION, POWER UTILITY, PRICE VOLATILITY, PRIMARY ENERGY, PRIMARY ENERGY SUPPLY, PRIVATE CAPITAL, PRIVATE INVESTORS, PRIVATE PARTICIPATION, PRIVATE SECTOR, PRIVATE SECTOR INVESTMENT, PRODUCTION OF HYDROCARBONS, PROVEN NATURAL GAS, QUANTITY OF GAS, REFINERIES, REFINERY, REFINING, REGULATORY OVERSIGHT, RESERVOIR, RESERVOIRS, RESIDENTIAL LOAD, ROYALTY, SELL GAS, SOURCE OF ENERGY, STREAM, SUBSTITUTE FUEL, SULFUR, SULFUR FUEL OIL, SUSTAINABLE DEVELOPMENT, TAX REVENUE, WORLD ENERGY,
Online Access:	http://documents.worldbank.org/curated/en/2007/06/8607235/yemen-natural-gas-incentive-framework https://hdl.handle.net/10986/7616
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