World Bank2012-06-112012-06-112007https://hdl.handle.net/10986/7616Yemen is planning to export gas through Yemen Liquefied Natural Gas (YLNG) starting from 2009. Yemen is also aiming to develop the domestic gas market, in particular gas-to-power. Liquefied Natural Gas (LNG) export revenue and domestic gas sales are expected to partially offset the decline in crude oil revenue from currently producing fields. The development of a gas sector has the potential to substantially contribute to Yemen's economic growth and fiscal revenue generation. Because of the high risk and considerable investment involved in developing a gas sector, attracting foreign capital and expertise will be essential. To this end, in addressing the public interest and developing the preferred policies, Yemen should ensure that decisions on project development and technologies will be based on their economic merits, and gas will be allowed to find its highest value market.en-USCC BY 3.0 IGOALTERNATIVE FUELALTERNATIVE FUELSALTERNATIVE USESAPPROACHASSOCIATED GASBALANCEBALANCE OF PAYMENTSBARRELBARREL OF OILBARRELS OF OILCEMENTCLEAN FUELCOMPETITIVE GAS MARKETSCOMPRESSED NATURAL GASCONSTRUCTIONCONSTRUCTION COSTCONTRACTUAL ARRANGEMENTSCONTRACTUAL COMMITMENTSCORPORATE INCOME TAXCOST OF GASCRUDE OILCRUDE OIL EXPORTSCRUDE OIL PRODUCTIONDIESELDISTRIBUTION NETWORKDISTRIBUTION SYSTEMDIVIDEND PAYMENTSDOMESTIC CRUDE OILDOMESTIC GASDOMESTIC GAS MARKETDOMESTIC USEDOWNSTREAM GASDOWNSTREAM GAS SECTORECONOMIC REGULATIONECONOMIC THEORYEFFICIENT USEELECTRICITYENERGY COSTSENERGY INFORMATION ADMINISTRATIONENERGY INPUTENERGY PRODUCTSEXTRACTIVE INDUSTRIESFISCAL REGIMEFISCAL SYSTEMFISCAL TERMSFOREIGN EXCHANGEFUELFUEL COSTFUEL COSTSFUEL OILGAS AND ELECTRICITYGAS CHAINGAS COMPANYGAS CONSUMPTIONGAS DEMANDGAS DEVELOPMENTGAS DISCOVERIESGAS EXPLORATIONGAS EXPLORATION AND DEVELOPMENTGAS EXPLORATION AND PRODUCTIONGAS EXPORTSGAS FIELDSGAS INDUSTRYGAS INDUSTRY STRUCTUREGAS INFRASTRUCTUREGAS INFRASTRUCTURE DEVELOPMENTGAS LAWGAS MARKET DEVELOPMENTGAS MARKET STRUCTUREGAS MARKETSGAS NETWORKGAS PIPELINEGAS PIPELINESGAS PRICEGAS PRICESGAS PRODUCERGAS PRODUCTIONGAS RESERVESGAS SALEGAS SALESGAS SECTORGAS SECTORSGAS SUPPLYGAS TARIFFSGAS TRANSMISSIONGAS TRANSMISSION PIPELINEGAS TRANSPORTATIONGAS TURBINEGENERATION CAPACITYGROSS DOMESTIC PRODUCTHEAVY FUEL OILHIGH LEVELSHYDROCARBON LAWHYDROCARBON RESERVESHYDROCARBON SECTORINCOMEINVESTMENT OPPORTUNITIESKILOWATT HOURLIQUEFACTIONLIQUEFIED PETROLEUM GASLNGLNG PLANTLNG PROJECTMARGINAL COSTMARGINAL COSTSMIDDLE EASTMILLION BARRELSMILLION TONS PER ANNUMMULTIPLE GAS SUPPLIERSNATIONAL GASNATURAL GASNATURAL GAS COMMODITYNATURAL GAS INDUSTRYNATURAL GAS PRICENATURAL GAS PRICINGNATURAL GAS RESERVESNATURAL GAS RESOURCESNATURAL GAS TRANSMISSIONNONRENEWABLE RESOURCESNORTH AFRICAOIL & GASOIL & GAS SECTOROIL &GASOIL AND GASOIL AND GAS SECTOROIL COMPANIESOIL COMPANYOIL DISCOVERIESOIL EQUIVALENTOIL EXPORTSOIL IMPORTEROIL PRICESOIL PRODUCTIONOIL PRODUCTION FORECASTSOIL PRODUCTSOIL RESERVESOIL REVENUESOIL SECTOROPECPETROLEUMPETROLEUM COMPANYPETROLEUM EXPLORATIONPETROLEUM EXPORTING COUNTRIESPETROLEUM GASPETROLEUM PRODUCTSPETROLEUM SECTORPETROLEUM SHARING AGREEMENTPIPELINEPIPELINE INFRASTRUCTUREPIPELINE INVESTMENTPIPELINE NETWORKPIPELINE ROUTINGPOWERPOWER GENERATIONPOWER GENERATORSPOWER PLANTPOWER PLANTSPOWER PRICESPOWER PRODUCERPOWER SECTORPOWER STATIONPOWER UTILITYPRICE VOLATILITYPRIMARY ENERGYPRIMARY ENERGY SUPPLYPRIVATE CAPITALPRIVATE INVESTORSPRIVATE PARTICIPATIONPRIVATE SECTORPRIVATE SECTOR INVESTMENTPRODUCTION OF HYDROCARBONSPROVEN NATURAL GASQUANTITY OF GASREFINERIESREFINERYREFININGREGULATORY OVERSIGHTRESERVOIRRESERVOIRSRESIDENTIAL LOADROYALTYSELL GASSOURCE OF ENERGYSTREAMSUBSTITUTE FUELSULFURSULFUR FUEL OILSUSTAINABLE DEVELOPMENTTAX REVENUEWORLD ENERGYYemen : A Natural Gas Incentive FrameworkWorld Bank10.1596/7616