Natural gas companies investing in ethiopia

It shares its geology with the Middle East, the East African Rift and the Sudan region, all of which are famously oil rich. We are most excited by: Calub It has 11 wells — all of which are productive. It also has two reservoirs Adigrat — natural gas condensate liquid and Calub — dry gas.

A development plan for both Calub and Hilala is currently under consideration. In it was announced that a kilometre natural gas pipeline between Calub and Hilala to Djibouti port has also been approved, and construction will begin in the near future. Will your company be next? Minerals such as gold, iron-ore, various types of precious stones, chemicals, oil and natural gas, as well as construction inputs are among the mineral resources in which Chinese firms are presently exerting their capital and technology in Ethiopia, according to the state minister.

Among the Chinese companies that have recently entered in Ethiopia's mining sector is Tanaramu Chemical Industrial Plc. According to the agreement that was signed in Ethiopia's capital Addis Ababa, the Chinese firm will invest 57 million U. Officials from Tanaramu Chemical Industrial Plc. Jiang commended the Ethiopian government for introducing various incentives to foreign companies to penetrate in the mining as well as various other sectors.

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