China’s Poly-GCL Petroleum Group Holdings Limited will build a 767 km gas pipeline between Ethiopia’s eastern Ogadem Basin and an export terminal on the Red Sea, Ethiopian Ministry of Mines and Petroleum said. Ethiopian and Djiboutian government officials agreed that Poly-GCL would begin construction of the pipeline project this year, the ministry said. Last April, the Ethiopian government announced plans to generate $1 billion a year through the extraction of natural gas and crude oil. Recently, Poly-GCL discovered 7 to 8 billion cubic feet of natural gas in the Somali regional state of Ethiopia, located in the east of the country. Approximately 700 kilometers of the pipeline will be located in Ethiopia, while the rest of the pipeline will be located in Djibouti.

Source: The North Africa Journal February 19, 2019 13:41 UTC