Ethiopia/Djibouti: Fuel pipeline plans
Issue 309
- 09 Oct 2015
| 3 minute read
The governments of Ethiopia and Djibouti have signed framework agreements for a 1.55bn, 550km pipeline to transport diesel, gasoline and jet fuel. The agreements were signed with Mining, Oil & Gas Services (MOGS), part of South Africa’s Royal Bafokeng Holdings, and Blackstone Group-backed Black Rhino Group. Financial close is expected in 2016, with construction scheduled for completion two years later.
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