Ogaden oil Archives

Ethiopia, Djibouti Sign $4b Gas Pipeline Construction Project Deal

February 15, 2019February 15, 2019TesfaNewsLeave a Comment

Based on the production sharing agreement, the Ethiopian government has a 15 percent stake while China’s Poly-GCL owns a majority 85 percent. BY FANA BC Ethiopia and Djibouti have signed an agreement to construct a 767km natural gas pipeline project linking the two countries. Ethiopia’s Minister of Mines and Petroleum, Dr Samuel Hurcato, and Minister […]

The Role of Sinclair Petroleum in Federating Eritrea with Ethiopia

September 4, 2013March 13, 2020TesfaNews16 Comments

BY ARBA GORASH Ethiopian Ogaden region is sitting on one of the world’s largest untapped oil and natural gas reserves that could put many oil-rich gulf countries out of business. British and American oil companies have deliberately left the Ogaden region untouched as a strategic reserve against future oil shortages. But energy-hungry countries such as […]