Monday, April 2, 2018

Chinese Company Signs Major Pipeline Deal with Ethiopia (English and French)

The Oxford Business Group posted on 29 March 2018 an article titled "Cross-border LNG Project in Djibouti Sees Signs of Life."

Ethiopia signed in February an agreement with a Chinese and Hong Kong company to construct a 700 kilometer pipeline for sending gas from the Ethiopian Ogaden region to an LNG terminal in Djibouti. The entire project is expected to involve a $4 billion investment, of which $3 billion will be done in Djibouti.