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Ministry of Mines had announced that an oil and gas pipeline will be built between Ethiopia and Sudan and Ethiopia will start exporting natural gas.
Various studies have confirmed that there are about 4 trillion cubic meters of natural gas deposit in the Kalub and Hilala areas of Somali region.
Ethiopia and Djibouti had signed a memorandum of understanding for the pipeline building project.
A company is also engaged in a study to build a pipeline for transporting oil import from Djibouti port into the country. This pipeline is hoped to reduce the country’s expenditure on oil import via vehicles.
Djiboutian ambassador in Ethiopia said that the newly built port at Tajura will be instrumental for Ethiopia’s other exports.