Middle East Update: Yemen's oil production climbing, potential great

03/05/2001
A 40-mile, 8 in., 25,000 b/d pipeline connects Tasour oil field to Nexen Inc. production facilities. Photo courtesy of Trans-Globe Energy Corp., Vancouver, BC.Click here to enlarge imageYemen, still one of the smallest countries in the Middle East in terms of reserves, has made remarkable progress the past 15 years. Its crude oil and condensate production has grown to 440,000 b/d in 2000 from a minimal figure in 1986, but the country has not yet been able to tap its formidable gas reserves.The largest producer in the country is vocal about what it believes is significant remaining potential, and almost all of Yemen's available acreage is under license.The outlook for 2001 and beyond...
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