Hi, alkaff-ga!
Your question is very interesting. Information was a bit scarce, but I
did come up with some recent news which should prove useful.
As of July 7, 2002, the Tehran Times reports that discussions about
the proposed pipeline are currently ongoing. For its part, Yemen has
granted Saudi Arabia permission in principle to build oil and gas
pipelines passing through its territory, an official said recently.
During its weekly meeting, the Yemeni cabinet approved a statement of
principles for a long-standing plan to allow Saudi Arabia to export
oil and gas from its southern fields via the southern Yemeni province
of Hadramout on the Arabian Sea, the AFP quoted official as saying.
The plan has been made possible by improving relations between the two
countries since the resolution of a border dispute in June 2000.
Saudi Arabia Discusses Pipelines With Jordan, Yemen. tehrantimes.com
(7/7/2002) http://www.tehrantimes.com/advsearch.asp (Unfortunately,
this link only takes you to a search page. To read the full article,
click on the archives tab, type in July 7, 2002, click on Economy
under the News tab on the left hand side, and it will bring you to the
list of articles, including the one referenced above.
The settlement of territorial disputes between Yemen and its
neighbors, Saudia Arabia and Eritrea, has opened up the way for the
proposed Saudi-Yemen pipeline. In fact, relations between the two
countries are expected to flourish, given the economic cooperation
now under way and the plans being discussed by the Joint Coordination
Council. New indications of this came on July 3, when the Yemeni
ministry of oil and minerals signed a memorandum of understanding with
an oil-pipe construction company to build a pipeline linking
oil-producing regions in southern Saudi Arabia to a Yemeni port on the
Arabian Sea coast. Yemeni conundrum: obsession with security after
settlement of territorial disputes. Muslimedia International
(6/16-31/2002) http://www.muslimedia.com/yem-conund.htm
More evidence that Yemen and Saudi Arabia are willing to work together
toward moving Saudi crude through Yemen has been expressed by Yemeni
President Ali Abdullah Saleh after a Saudi-Yemeni Cooperation Council
held in 2000. He stated that his country's relations with its rich
northern neighbour Saudi Arabia were set for a major improvement that
would include joint oil projects. Asked what projects Yemen hoped to
sign with Saudi Arabia, Saleh said: "If there is oil on the joint
border, then there will be joint investment. If Saudi Arabia finds oil
on its side of the border and wants to pump it to the Arabian sea
through Yemen, then we welcome that."...."We have a pipeline that can
take Saudi and Yemen oil to the Arabia sea," he said referring to the
line built by Canadian Occidental, now called Canadian Nexxen, that
carries some 250,000 barrels per day (bpd) of Yemeni crude to Al
Sheher port. It has a capacity of 400,000 bpd...."This way, Saudi
Arabia will have a third outlet for its crude in addition to the
existing outlets in the Gulf and Red Sea," Saleh added.
Yemen Sees New Era in Ties With Saudi. Gulf News Online (12/15/2000)
http://www.gulf-news.com/Articles/news.asp?ArticleID=4960
Yemen is currently open to working with other countries, including
Saudi Arabia, toward the development of its own oil and gas
resources. The desire to seek the investment and financial help from
other countries to futher their own success in the sector may be a
contributing factor to their willingness to allow the proposed Saudi
pipeline.
Under the patronage of President Ali Abdullah Saleh, the second
International Conference for Oil & Gas (SICOG) was held from June
24-25 under the motto Towards Promising Investment Prospects. More
than 300 delegations representing different Arab countries as well
international companies took part in the conference. A new initiative
aimed to attract more investment capital in the field of oil and gas
exploration and marketing was made. The conference was organized by
the Ministry of Oil and Minerals and inaugurated by the PM, Dr.
Abdulqader Bajammal. The PM stressed that oil could enhance the
economic and social conditions of any country. The Republic of Yemen
has sought and will continue to seek investment capital for the oil
and gas sector from other countries. Facilities have been made
accessible to both Arab and foreign investors.
2nd International Conference for Oil & Gas in Yemen: Stepping-stone
to success, by Yaser Al-Mayyasi Ridhwan Al-Saqqaf. Middle East News
Online (7/1/2002) http://www.middleeastwire.com:8080/storypage.jsp?id=13920
The Persian Gulf Oil and Gas Exports Sheet, which is a wealth of
information about oil exploration activities in the entire Persian
Gulf area, had only one small reference to the proposed pipeline.
Another route for Saudi oil exports which reportedly has been under
consideration is through Yemen to the Gulf of Aden.. The complete
report is well-worth looking at for valuable information about the
entire Gulf region, and can be found at
http://www.eia.doe.gov/emeu/cabs/pgulf.html
A recent Letter to the Editor in the Yemen Times regarding the
proposed Saudi pipeline through Yemen many be of interest.
I wish to applaud the Yemeni government for the recent decision to
reject the installation of Saudi troops to guard the proposed pipeline
to the port of Aden. This is a wise move and one that must have been
difficult to make in the current political climate. Many people living
inside and outside of Yemen may not be aware of some of the most
recent discoveries made in the sands at Bilqis. Aside from the
important religious significance of these archaeological discoveries,
the Republic of Yemen stands to become wealthy in material ways by
virtue of the ability to host millions of visitors who will come to
Yemen on pilgrimages to this location. Yemen will no longer need to
trade in oil and even the most humble and isolated tribes will benefit
from this influx of foreign wealth and culture.
The entire letter may be read on the Yemen Times website at
http://www.yementimes.com/01/iss01/letters.htm
Some sites to keep you updated:
http://www.arabicnews.com/
http://www.yementimes.com
http://www.middleeastwire.com
http://www.tehrantimes.com
I hope you find this information helpful. If you continue to search
the links provided in this answer from time to time, you should have
no problem keeping updated on this proposed pipeline.
Good luck!
umiat-ga
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