BREAKING NEWS:
The 3rd International Yemen Oil, Gas & Minerals Conference is a major part of the Government's strategic initiatives to encourage economic stimulus. Major decision makers from key government departments including: the Prime Minister, Deputy Prime Minister & Minister of Planning and International Cooperation, the Minister of Oil and Minerals and the Chairman of the General Investment Authority will deliver "showcase" presentations, reveal new initiatives and international cooperative, announce new projects and deliver the latest incentives in PSAs. The 3rd International Yemen Oil, Gas & Minerals Conference will act as a catalyst for building long-term business partnerships in this lucrative economy.
Investors now have ample opportunity to take full advantage of prospects
and opportunities in the oil, gas and mineral industries
The 2nd International Yemen Oil and Gas Conference was an overwhelming success with over 300 senior executives in attendance. Including leading decision makers, senior executives and Ambassadors from:
• International oil and gas companies
• Energy trading companies
• Banks and Financial Institutions
• International Embassies |
• Law firms
• Energy trading companies
• Banks and financial institutions
• International Embassies |
On 12 July 2010, Yemen's Ministry of Oil and Minerals called for all oil companies globally to negotiate and discuss direct investments in the oil and gas exploration of 50 blocks now open in Yemen, according to the Yemen Observer.
It goes on to say that, "the invitation is open to all oil companies worldwide in order to adopt a fast track to expanding the exploration of oil and gas based on international competition approved by the Council of Ministers and its amendments which authorised the Ministry of Oil and Minerals to negotiate directly with companies that have high expertise in the exploration and production of oil".
- New! Projects To Be Announced By The Government Including:
- Off-shore exploration activities
- On-shore production
- Refinery projects
- Gas blocks
- Announcing! The Latest Incentives In Production Sharing Agreements
Attracting MORE international investment through:
- Exemption from petroleum related taxes and import and export duties for the international private sector – including sub-contractors
- Enhancing transparency – making data for open blocks more readily available
- Free transfer of funding and revenues into and out of the country
- Ensuring spare capacity in existing infrastructure is made available at a reasonable cost and with recoverable tariffs
- No restrictions on contractors performing petroleum operations – International Petroleum Industry Standards apply
- Streamlining the tendering process: Ensuring a 6 month to 1 year turn-around on decisions
- Revealing! New Procedures Allowing The Ministry To Negotiate Contracts Directly With Mid-Level Companies
- Update! New Research On The Future Of Yemen's Oil And Gas Reserves
- Presenting! Technical Papers To Support The Investment Opportunities And Address The Challenges In An Ever Changing Energy World
- Just Announced! New Cooperation With The World Bank To Ensure International Standards Are Met
- Unveiling! A Strategic Outline Of Governmental Goals To Fuel Growth In Yemen's Oil, Gas And Minerals Sector
Plus! This year we're offering you even more at no additional charge!
- Pre-arranged face-to-face meetings with key Government Ministers and Senior Officials
- Technical papers and new research to support investment growth in Yemen's vast natural resources
- VIP Visa processing and handling upon arrival at Sana'a International Airport (SAH) for all delegates
- VIP transport by coach to and from Sana'a International Airport and the Mövenpick Hotel (delegates will be welcomed and collected upon arrival at the airport)
- Sana'a sightseeing tour of the Old City
- Networking Gala Dinner