Infrastructure
Ethiopia-Djibouti Petroleum Pipeline Project to Boost Regional Integration
The Reporter · 5 hours ago · Read the Full Story on The Reporter
AI SUMMARY
The USD 660 million Ethiopia-Djibouti petroleum pipeline project will connect coastal storage to inland distribution, cutting transit time from five days to one while strengthening regional economic integration.
- The Ethiopia-Djibouti petroleum pipeline project is valued at approximately USD 660 million and is expected to be completed in 18 months.
- The 120-kilometer pipeline will connect Djibouti's coastal petroleum storage facilities with Ethiopia's inland distribution networks.
- The project aims to reduce fuel transit time from nearly five days via trucks to about a single day.
- The initiative links the pipeline with substantial storage reserves at Damerjog and Dewele.
- The project involves contributions from Djibouti, Ethiopia through Ethiopian Investment Holdings, and the Dangote Group.
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