Title: Yemen: Mining, Minerals, and Fuel Resources
Headings: Yemen: Mining, Minerals, and Fuel Resources
Yemen: Mining, Minerals, and Fuel Resources
Overview of Resources
Metals
Industrial Minerals
Fossil Fuels
Investment
Sources and Further Reading
G.P. Thomas
Citations
Tell Us What You Think

Content: The construction of the first 3.35-Mt/yr train of a two-train 6.7-Mt/yr-capacity natural gas liquefaction plant at the Balhaf terminal was completed in October 2009 and the second 3.35-Mt/yr train was completed in April 2010. The project was executed in an attempt to carry the dry gas produced from Block 18 fields in the Marib-Jawf region. Investment
Yemen has large deposits of oil and gold. The foreign investment in the country’s mineral industry was severely affected by the security challenges for investors owing to the global economic downturn and increased risk of piracy in the Gulf of Aden and the Red Sea. The Hadramout region of the country has huge deposits of gold. However, terrorism threats in the region kept investors away. Moreover, the inability of government to provide security in the mines also discouraged miners from working at the deposit. Despite all these external factors, the government is interested in encouraging investment in the production of gold and silver, copper, lead, magnesium, nickel, platinum-group metals (PGM), tin, and zinc. Experts feel that the country needs to attract foreign investment and create job opportunities for the development of the mineral industry. However, the success of the mineral sector will also largely depend on elimination of political instability, improvement of security factors and establishment of efficient mining laws by the government in the future.