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Yemen Signs Funding Agreement for Geothermal Energy Project with BGR

 

NOVEMBER 12– the MOM and the ministry of water and the environment, on one side, and the BGR, a German institute for geological and natural resources studies, signed the Cooperation Agreement. The BGR shall fund the Geothermal Energy Project with an amount of 300 thousand Euros.

The BGR’s contribution is part of the first phase of the Project which is also financed by the Yemeni government and donors with a total amounting to two million dollars. Such money is allocated for drilling operations to reach a depth of 2000 meters under earth surface. Such operations would be carried out in Dhamar-Rada’a block by a geothermal crew of the geological survey and mineral resources board (GSMRB) and the ministry of water and the environment. This work would last for two years.

More over, the purpose of the Agreement is to enable concerned parties do exploratory studies and drillings on the potentials of Alessee and Isbeel in producing electric power. As soon as feasibility studies are done and the depth of the drilling is defined, power can be produced with lower prices than the current ones. It is possible to draw findings during exploratory studies and drillings stage and such results would be offered to investors or to the ministry of electricity to invest in electric power eclectic generation by using geothermal energy.

According to reports on environmental issues, geothermal energy does not harm the environment because hot water is its source and thus there is no radiation harming the environment.

Eventually, the agreement was signed by Yemen’s representatives, Mr. Khaled Bahah, MOM minister and Abdurrahman Fadl Al-Iryani, minister of water and environment as well as Ms. Catherine Kassel, representing the BGR

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