Safer Co. ready to resume LNG exports, says CEO
MARIB: As Yemen’s energy sector continues to grapple with the effects of war and a steep decline in foreign investment, Safer Exploration & Production Operations Co. — the country’s largest oil and gas producer — has unveiled plans to expand the use of its hydrocarbon resources.
These plans include introducing compressed natural gas as a fuel for vehicles and households, and studying the development of potential shale oil reserves.
In an interview with Asharq Al-Awsat, Safer CEO Salem Kaiti said the company is technically prepared to resume production and exports of liquefied natural gas whenever the government authorizes the move and security and political conditions permit.
He added that any restart would be gradual and would follow the rehabilitation and maintenance of selected wells and facilities.
