• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 1 day GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days The United States produced more crude oil than any nation, at any time.
  • 7 days e-truck insanity
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 6 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 5 days James Corbett Interviews Irina Slav of OILPRICE.COM - "Burn, Hollywood, Burn!" - The Corbett Report
  • 6 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 7 days Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 7 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 11 days Bankruptcy in the Industry
Oil Fund Withdrawals Suggest Extended Price Rally

Oil Fund Withdrawals Suggest Extended Price Rally

Investors are ditching the oil…

OPEC+ Faces Fork in the Road

OPEC+ Faces Fork in the Road

Some analysts have noted in…

Yemen's LNG Pipeline Suffers Yet Another Attack

The LNG industry in Yemen is not being given a break, after yet another explosion at one of its pipelines causing production to drop.

The country’s pipelines have been constantly attacked since anti-government protests created a power vacuum last year. Armed groups have now moved into the area to exploit the lack of opposition, and have caused fuel shortages and slashed export earnings.

The operator of the pipeline, which supplies natural gas to the $4.5 billion LNG plant, released a statement saying that “Yemen LNG confirms the sabotage of the 38-inch gas pipeline that links the block 18 to the Balhaf terminal on the Gulf of Aden.”

The pipe carries gas from the fields in the centre of the country, out to the export facility on the coast. The attack occurred about 35 km north of the Balhaf Liquefaction Plant, and is suspected to be the work of al Qaeda gunmen.

RELATED: Big Oil Funding U.S. Politics

The same pipeline was attacked in late April, in late May, in June, in late August, and now the latest on Tuesday.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News