Total CEO Sees Yemen LNG Project Onstream Within Days
September 16 2009 - 8:30AM
Dow Jones News
French oil major Total SA's (TOT) chief executive Wednesday said
he expects the Yemen LNG liquefied natural gas project to be on
stream within days.
Starting up the operation is a "question of days," Christophe de
Margerie told analysts during a strategy presentation.
He added that 2010 will be a "good year" for production, and
expressed confidence that the company will be able to put
disappointment over its recent output performance behind it.
Meanwhile, Total is still penciling in a 2012 start for the
giant Kashagan oil project in Kazakhstan, de Margerie said, adding:
"We see the end of the tunnel." The project has faced major
delays.
-By Adam Mitchell, Dow Jones Newswires, +33 1 40171756;
adam.mitchell@dowjones.com