Ethiopia and Djibouti to build gas pipeline to the Red Sea

By professo

Ethiopia has signed a deal to develop a gas pipeline travelling between the nation and the Red Sea with Djibouti.

The pipeline will transport gas originally found in the country during the 1970s to an export terminal, Reuters reported.

In 2013, the Chinese energy firm POLY-GCL Petroleum Investments has developed the Calub and Hilala fields in Ethiopia’s eastern Ogaden Basin.

Over a year ago, the company signed a Memorandum of Understanding (MoU) with Djibouti to built a natural gas pipeline.


Under the agreement, the business also committed to invested US$4bn into a liquefaction plant and export terminal in Damerjog.

According to the Ethiopian government, production is anticipated to begin in 2020.

“It is the most expensive project ever built in the Horn of Africa region,” Yonis Al Guedi, the Energy Minister of Djibouti, informed Reuters.

“The two parties have reached an agreement in principle to allow them to benefit from the project in an equitable manner.”

The continent’s eastern seaboard also features liquefied natural gas projects in Tanzania and Mozambique.


Featured Articles

SAP creates new EMEA region and announces new President

SAP has announced it has appointed a new President for a newly-created EMEA region, aiming to make the most of the opportunities of cloud and AI technology

How SAP is facilitating continuous business transformation

Technology giant SAP has expanded its portfolio with the acquisition of LeanIX, a leader in enterprise architecture management (EAM) software

Siemens and Microsoft: Driving cross-industry AI adoption

To help businesses achieve increased productivity, Siemens and Microsoft are deepening their partnership by showcasing the benefits of generative AI

Sustainability must become central to corporate strategy


The endless benefits of putting your people first

Leadership & Strategy

Working from anywhere: SAP uncovers secret life of employees

Human Capital