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Old_Observer

Djibouti-Ethiopia pipeline: Signed today to be functional within two years

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All that hoopla and unreal propaganda gives way to reality. Economic feasibility, historical reliability, future developments and current financing...all came together to reality. The Mugadishu, Addis Ababa tour and propaganda pushed by UAE through Asmara/Eritrea never made sense.

The Djibouti Ethiopia pipeline always made sense from every aspect, including even political changes in the region. Kililka, Djibouti, Somaliland, Puntland will always be closer to each other regardless of shifting sands.

With Eritrea the smallest of changes is an earthquake and no body in the right mind will invest on secretive one man promises. ONLF and others should support this and bargain that the management on Ethiopian and Djibouti sides and workers be from Kililka and Djibouti. Other investments in water works, roads, education and technical training...comes with.

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Ethiopia and Djibouti sign agreement to construct 767km pipeline project

On Feb 15, 2019

 

Addis Ababa, February 15, 2019 (FBC) – Ethiopia and Djibouti have signed an agreement to construct a 767km pipeline project linking the two countries.

Ethiopia’s Minister of Mines and Petroleum, Dr Samuel Hurcato, and Minister of Energy in Charge of Natural Resources of Djibouti, Mr Yonis Guedi, signed the agreement in Addis Ababa today.

Dr Samuel on the occasion said the agreement, which was signed after extensive negotiations, ensures the mutual benefit of both countries.

When it is completed, the project will generate foreign currency besides creating more employment opportunities allowing the country to export natural gas from Calub Hilala fields, according to the Minister.

Mr Guedi for his part said the project will further cement the long-standing ties between the two nations.

About 700 km of the pipeline stretches from Calub Hilala fields to Djibouti border within Ethiopia, while the remaining 67 Km is within Djibouti.

According to the agreement, the construction of the pipeline commences this Ethiopian fiscal year and will take two years for completion.

 

 

 

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