Tag Archives: Oil Pipeline

Eritrea, Russia Foreign Ministers Meets in Sochi

Senior Eritrean delegation led by FM Osman visiting Russia
Discussions will focus on the prospects of increasing Russian investments, trade including joint projects in the energy sector, development of mineral deposits, and construction of infrastructure facilities in the port city of Assab.

BY TESFANEWS

Senior Eritrean delegation composed Foreign Minister Osman Saleh and Presidential Advisor Yemane Gebrab met and held talks today with the Russian Foreign Minister Sergey Lavrov in Sochi. Continue reading Eritrea, Russia Foreign Ministers Meets in Sochi

Eritrean Ports, Pipeline Threaten Djibouti’s Ethiopian Trade Lifeline

Djibouti faces dark days to come. It fears the Eritrean ports of Assab and Massawa will challenge its two-decade-old, artificial “sole seaport to Ethiopia” status.

BY THOMAS C MOUNTAIN

Djibouti has been landlocked Ethiopia’s only access to the sea and depends of port taxes paid by Ethiopia for most of its income and with the Eritrean ports of Massawa and Assab on the Red Sea about to open finds itself faced with losing most of the Ethiopian trade it has enjoyed a monopoly on for the past twenty years. Continue reading Eritrean Ports, Pipeline Threaten Djibouti’s Ethiopian Trade Lifeline

UAE to Build Oil Pipeline Linking Eritrea’s Port of Assab with Addis Ababa

UAE’s Minister of State for International Cooperation, Ms. Reem Al Hashimy, today unveils her country’s plan to build a pipeline linking Eritrea’s port city of Assab with Addis Ababa.

BY FBC

Ethiopia and the United Arab Emirates (UAE) have agreed to build an oil pipeline linking Eritrea’s port city of Assab with Addis Ababa.

This was revealed today during a meeting between Prime Minister Dr. Abiy Ahmed and Reem Al Hashimy, UAE’s Minister of State for International Cooperation. Continue reading UAE to Build Oil Pipeline Linking Eritrea’s Port of Assab with Addis Ababa

Ethiopia Cancels Planned Ethio-Djibouti Oil Pipeline Project

Project shelved indefinitely due to financial reasons.

Government: There is a $4 billion dollar newly-built railway line that needs to be put into work first so that the country start paying its loan back to the Chinese.

BY KALEYESUS BEKELE | THE REPORTER

The Ethiopian government canceled the planned Ethio-Djibouti fuel pipeline project, which was proposed to be undertaken by Black Rhino Group.

In 2014 the South Africa-based infrastructure investment group, Black Rhino, proposed to the Ethiopian government to build a 550km long pipeline to transport diesel, gasoline and jet fuel from the Port of Djibouti to central Ethiopia. Continue reading Ethiopia Cancels Planned Ethio-Djibouti Oil Pipeline Project