Total agrees to raise price of Yemeni gas

11/10/2012 - The French Total Company has agreed to raise the prices of Yemen's liquid natural gas after six  years  of the inauguration of the project .

The London-based Al-Quds al-Arabi Newspaper quoted a Yemeni state source as saying that the company agreed to raise the prices from $3 to $7 per million BTUs.

The newspaper said the company agreed to amend the prices after President Abdu Rabo Mansour Hadi met officials of the company in Paris on October 4th.

Hadi told Total that Yemen's current situation needs a new agreement that copes the changes occurred in the state after the popular uprising.