Ethiopia officially starts crude oil production test
Addis Ababa, June 27, 2018 (FBC) -Ethiopia officially started crude oil production test in Ogaden region, Ethiopian Somali regional state, today.
Chief Administrator of the regional state, Abdi Mohammed, and Government Communication Affairs Office Minister, Ahmed Shide, and other senior government officials attended the launching ceremony.
Prime Minister Dr Abiy Ahmed yesterday said that the Chinese Poly-GCL Petroleum Investment Limited will start producing 450 barrels of crude oil in a day as of June 28, 2018.
Regarding natural gas extraction, the Premier said construction of a pipeline will be started next September to export gas via Djibouti.
The construction of the pipeline will take two years.
Trial export of gas will earn Ethiopia 1 billion US dollars annually. However, it will obtain 8 billion US dollars per annum once it begins export with its full capacity, he said.
The agreement to explore natural gas was sign between Ethiopia and Poly-GCL in 2013.