February 7, 2012 · 8 Comments
ADDIS ABABA — Ethiopian Finance Minister Sufian Ahmed inked a Memorandum of Understanding last week with his Djibouti counterpart Elias Dawaleh Mussa and South Sudan’s Minister of Petroleum and Mines, Stephen Dhieu Dau, in the Ethiopian capital.
The tripartite agreement will promote greater regional integration and infrastructure projects between the three east African countries. The deal includes the construction of oil pipelines, fibre optic connections and the extension of the Djibouti-Ethiopia to South Sudan railway system.
The construction of pipelines stretching for several thousand kilometres will be undertaken by Hong Kong based Chinese company, PetroTrans. It will run from South Sudan oilfields to the Port of Djibouti via Ethiopia’s Gambella region which itself is said to have vast oil deposits.
Mr. Mussa on his part said the inking of MoU demonstrated Djibouti’s pivotal space of great geo-strategic importance and the strengthening and deepening trilateral relations between the three countries. He reaffirmed Djibouti’s commitment in providing access to modern port facilities to both Juba and Addis Ababa.
South Sudan recently announced that it would halt its oil production accusing Khartoum of stealing its oil export. It said it would instead export via Djibouti.
Mr. Dau said the deal will help alleviate hunger and poverty in the region, in particular South Sudan.
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Tuesday, Feb 7, 2012
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Both Ethiopia and Djibouti are taking an advantage of 21 years of Somali self distraction and Somaliland lack of recognition. Until those stupid Somalis who are anti Somaliland comes to their sense, let Ethiopia and Djibouti continue taking this advantages.
Sxb Somalia will come back Saylac to Ras Kamboni inshaallah, Somalia now is drilling oil soon wells, soon the infrastructure will be build. We will bring the dignity of Somali Republic inshaallah.
your right about That,somalis need to solve This problem The sooner The better
testing
this blog finds its "NEWS" out of thin air petrotrans has pulled out of Ethiopia all to gather !
The Sudanese oil can not be diverted to any where else unless the unfinished political disputes
and wars are sorted out between the main northern Sudan Govt and the South sudan unfinished
disagreements on how to proceed in many remaing obstacles yet to be politically resolved.
I think this story all bogus.
Cheers.
Excellent! I'm glad Djibouti is taking advantage of the current North-South Sudan rift to market it's ports…Looks like we've got another customer after Ethiopia. We need to be this aggressive and take advantage of the instability in the region.
Vive Djibouti!
suleikha
agree with you