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India's Oil & Natural Gas Minister to Visit Yemen

 

In the course of strengthening Yemeni-Indian various relations with a special focus on the oil and gas sector, HE Mr. Murli Deora, India's Oil and Natural Gas Minister, is arriving in Sana'a on February 2, 2007. Mr. Deora is on a 4 day visit from 2-4 February. Regarding this visit, HE Mr. Khaled Behah, Yemeni Oil and Minerals Minister, to the 26th September Newspaper stated, "The Indian Minister along with his accompanying delegation of giant Indian oil companies are visiting Yemen upon the invitation made by the Oil and Minerals Ministry in the Seventh Global Oil Conference. The aim of the visit is to offer them with an overall overview of opportunities offered by Yemen in the oil and minerals sector and services granted in this field.

Mr. Behah emphasized that all relevant information and data would given to the Indian delegation. Not only that, the delegation would be provided with a detailed account of relevant facilities, incentives and features characterizing this sector just in the same transparent manner such data are offered to foreign capitals and companies interested in investing in Yemen. More importantly, he further pointed out that a comprehensive and detailed overview of the available investment opportunities in the Yemeni oil industry would be put on the table for the delegation.

"We are going to have negotiations geared to enhance different cooperation venues between Yemen and India," Mr. Behah stated.  

He added, "The program which the Ministry has made for this visit is full of negations, field visits and tours to oil blocks."

"The Indian delegation aspires to have a complete knowledge of Yemeni investment climate and circumstances and to make use of such investment atmospheres. We are going to discuss the possibility of establishing partnership investment companies," he enhanced.

He concluded by stating that the visit is part of his Ministry's program directed to attract more oil companies to invest in Yemen and, thus, foster development as indicated by HE President Ali A. Saleh's platform

 

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