Monday, November 6, 2017
Ethiopia should see gas exports begin in mid-2019 if everything goes as planned for China Poly Group. The company is developing natural gas resources in Ethiopia’s Ogaden basin.
Gas will be exporter from the Calub and Hilala fields via a 700-km pipeline to a port complex being constructed in neighboring Djibouti, according to Ethiopia’s petroleum minister, Motuma Mekassa.
“They want to export the gas to Asia,” Motuma said.
POLY-GCL Petroleum Group, a partnership between China Poly and closely held Hong Kong-based Golden Concord Group, signed five production-sharing agreements with Ethiopia’s Ministry of Mines, Petroleum and Natural Gasin 2013 to explore a 117,151 sq km area in the Ogaden basin. To date an estimated 4.5 Tcf of gas has been discovered in the fields.