The Ethiopian Petroleum Supplier Enterprise (EPSE) this week announced that it has scrapped all the existing contracts it entered with the Khartoum government over the importation of fuel.
The spokesperson for EPSE, Alemayehu Tsegaye, confirmed to Sudan Tribune that the deal to import 1,091,823 metric tonnes of oil annually worth USD 1 Billion is now rendered null and void. However, he declines to disclose the reason behind the decision.
Ethiopia used to import up to 85% of its annual oil consumption from neighbouring Sudan via Djibouti. Continue reading Ethiopia Scraps Sudan Fuel Import Deals; Taha Lauds Eritrea Relation