Ethiopian Energy^Power Business Portal,eepBp

Share Us On
Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive

The Ethiopian Petroleum Supply Enterprise (EPSE) will soon float an open international tender inviting oil trading companies for the supply of fuel to be delivered in 2019. EPSE estimates that the country would need 2,780,000 metric tons of gasoil, 840,000 metric tons of jet-fuel, 494,000 metric tons of gasoline and 83,000 metric tons of fuel oil. The country’s total annual fuel demand in 2019 is estimated at 4,197,000 metric tons valued at 2.8 up to three billion dollars.

Based on the agreements the Ethiopian government signed with the governments of Kuwait and Sudan a few years ago a significant amount of fuel is purchased from the state owned national oil companies of the two countries without a tender. Tadesse Hailemariam CEO of EPSE told The Reporter that 50 percent of the gasoil and 100 percent of the jet fuel would be supplied by the Kuwait Petroleum Corporation (KPC). Fifty percent of the gasoil would be purchased from oil trading companies through the open international tender which EPSE would put up in end of September.

Share Us On
Write comment (0 Comments)
Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive

Ethiopia and the United Arab Emirates (UAE) have agreed to build an oil pipeline between Eritrea’s port city of Assab and 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. During the meeting, the two sides also discussed ways to implement previously concluded investment agreements, which among others, include development of real estate and resorts, according to Fitusm Arega, Chief of Staff at the Prime Minister’s Office.

The two countries also agreed to conduct a study to build an oil pipeline between the port of Assab and Ethiopia,  Fitusm, who attended the meeting, said. After the discussion, Reem Al Hashimy told Fana Broadcasting Corporation (FBC) that the UAE is keen to exploit the investment opportunities available in Ethiopia. The peace deal reached between Ethiopia and Eritrea is a good opportunity for the UAE to invest in Ethiopia, she added.

Share Us On
Write comment (0 Comments)
Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive

(bloomberg, Jan 2018)

Ethiopia’s fast-growing economy has Asian investors lining up to build a new $4 billion oil refinery, even as a Blackstone Group LP-backed fuel pipeline project is shelved.

Read More>>>

Share Us On
Write comment (0 Comments)
Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
The Clean Cooking Alliance (Alliance) has released its 2019 Annual Report, highlighting the progress and accomplishments of the Alliance and its partners last year.

 

The report showcases major milestones, such as convening the Clean Cooking Forum 2019 in Nairobi, Kenya; producing the inaugural Industry Snapshot on sector investment and innovation; and launching “Clean Cooking Is…”, the first-of-its-kind global campaign created exclusively to drive greater support for and investment in clean cooking. This year’s report also features a series of interviews with clean cooking sector leaders and stakeholders from around the world.

“The past year, I have seen increased dialogue around clean cooking across the whole spectrum – the global community, governments, civil society, and beyond,” Dan K. Marangu, the Director of Renewable Energy at the Kenya Ministry of Energy, says in the report. “These conversations have increased clean cooking’s visibility, while enhancing policy dialogues that help expand clean cooking access. High-level interactions with key stakeholders have also led to workable solutions that help bridge the funding gap in clean cooking.”

Share Us On
Write comment (0 Comments)

eepBp Events and Calendars

June 2021
S M T W T F S
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30
Book Your Travel To Ethiopia Here>>>
Afro Experience
+
Afro Experience
+
Historical Tours
+
Natural Wonders
+
Religious and Cultural Festivals
+
Travel Booking

Energy Partners>>>

On Energy

Specialized in integrated sustainable energy solutions in buildings and infrastructure projects.

read more

Green World Technologies

Specilized in marketing of renewable energy technologies in rural areas of Ethiopia.

read more

EWiEN-Ethiopian Women in Energy Network

A women in Energy association that connects and empowers Ethiopian women working in the energy sector

read more

Webinars and Active Events

No events