YEMENI-INDIAN OIL TALKS HELD

SANA'A, March 24 (Saba) - A Yemeni-Indian talk session on oil, gas
and minerals was held on Wednesday.

The session headed by Oil and Minerals Minister Amir al-Aidrous and
the Indian Secretary (east) of External Affairs Ministry Latha Reddy
discussed the cooperation fields and investment opportunities
between the two countries in the field of oil, gas, minerals and
energy.

In the session, al-Aidrous reviewed the possible investment
opportunities in the oil, gas and metallic and nonmetallic minerals,
and the granted facilities in this regard in addition to the
possibility to create petrochemical industries based on gas.

He mentioned to that Yemen is remarketing the liquid natural gas to
a new markets such as India which is one of the largest targeted
market, calling to develop the Yemeni- Indian relations to serve
the economic development and common interests.

For her part, Ms. Reddy voiced a desire to raise the Indian
investments in the field of oil exploration in Yemen and in using
gas in various Yemeni sectors as well.

TD/AF