Home | News    Monday 30 November 2009

Sudan feeds 80 percent of Ethiopia’s oil demand

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By Tesfa-alem Tekle

November 29, 2009 (ADDIS ABABA) – Ethiopia is importing 80 % of its total demand for petroleum from neighboring Sudan, easing the horn of Africa country’s massive cost on oil imports, said Sudan’s giant, Nile Petroleum Company (NPC).

Ethiopia spends over 50 % of its total export earnings to meet nation’s fuel demand and Sudan has now become the major source for the fact that it is only next door. According to Ethiopia petroleum enterprise, Ethiopia saves millions of dollars every year by importing from neighboring Sudan than using Saudi Arabia and the Gulf States.

Company director Khidir Al-Badri in a statement said that NPC is assigned to prepare country’s rich ethanol source for the use of fuel. The bio-fuel development and usage strategy is expected to make the oil company a leading stalk holder in the Ethiopian oil energy market.

According to the director, the company currently has opened fuel stations in the capital Addis Ababa and in other major cities of Ethiopia. He further said that Nile Petroleum Company has established partnership with German company for production of petroleum lubricants that are complying with the international standards to meet requirements of the Ethiopian market.

Ethiopia and Sudan have a number of agreements on cultural, social economic, security education, health and political matters. Many other cooperation agreements are also signed between the two neighbors to enhance the people-to-people ties, to harmonize the two people living along the common border and also aimed at fostering trans-boundary trade beyond their official trade.

The vast country imports agricultural products and livestock from Ethiopia. It actually is one of the biggest importing countries of Ethiopian products.

Sudan is now the largest oil producer in the sub-Saharan Africa, next to Nigeria and Angola. Recent figures indicate that the country currently produces over 400,000 barrels of crude oil every day.

According to oil and gas journal, Sudan holds proven reserves of 563 million barrels in 2006.more than twice with what was proven in 2001.With oil exploration efforts still underway the Sudanese energy minister estimates country’s total oil reserves at 5 billion barrels.

Long years of civil war in Sudan are said to have limited oil exploration efforts to only central and south central of the country. The oil industry is now pushing country’s gross domestic product. 70 % of its total revenue is a return from its oil exports.

(ST)

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  • 30 November 2009 03:01, by The Living Witness

    The slogan continue Our oil, Our sweat, Our blood. The main country producing oil in sub-sharan Africa is South Sudan Not North sudan as we talk now.
    The late said this when he signed CPA that You owned it, it is yours,treasure it,keep it, it is all yours.
    My message to those who creat tribalism is to give up to such notions and be better people. Some of you who comment on other brothers comments are claiming to be south sudanese, however, the research shows that these are mere arabs sponshered southerners or black arabs who want to divide us by us of media while others are supplying guns to southern tribes to continues distablishing peace.

    repondre message

    • 30 November 2009 03:21, by Mohammad100

      It will not be long before the imperial Ethiopia will start trading with Oromia’s oil as they are doing to the God given Oromian lands: Ethiopian regime has already sold hundreds of thousands of hectares of fertile agricultural land in Oromia to foreign investors. The regime has put the whole of the state of Oromia on the market. More than 80 Indian companies have invested an estimated $4billion in buying huge plantation in Oromia. The largest among them is Karuturi Global, one of the world’s largest producers of cut roses. It has signed deals for just under 350,000 hectares to create what it claims to be the world’s largest agricultural land-bank. The King Abdullah initiative for Saudi agricultural investment abroad has also bought vast fertile farmland in Oromia. A group of Saudi investors is spending $100m to raise wheat, barley and rice on land leased to them by the Ethiopian regime. The investors are exempt from tax and export the entire crop back home. Sun Biofuels (UK) has acquired 125,000 hectares of land for jatropha farm and is in the process of starting bio fuel production in Oromia and Flora EcoPower (Germany) has bought 13,000 hectars of land and growing jatropha for bio fuel. The list goes on. In Oromia land belongs to the people. The Oromo people do not only farm the land but have a sacred traditional, spiritual and cultural connection to their land. The Oromo people have been living on their current lands for thousands of years with perfect harmony with nature and they are the best in the region in proper land usage for generations. Now, the Tigrean led regime has condemned the Oromo people to virtual slavery by forcibly uprooting them from the land of their ancestors. The environmental destruction by the industrial scale farming and exploitation of the natural resource will not only affect Oromia but the whole region.

      May god save Oromia, and other regions of Ethiopia from these scavengers called TPLF led by Meles Zinaw!!!

      Mohammad.

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      • 30 November 2009 05:29, by Abdulaziz shek Abiyo

        Mohammad! I am affraid you are one of the Wellegas who are by no means different from the colonial Amharas exept language. Islamic Oromia is occupied by both TPLF + Amhara as well as Wellega. Our culture, custome every thing is different from you guys. Language does not make two different people one. consider France and belgium both speak freanch but two different contries. Wellegas and amharas are two side of a coin. Please do not include the vast of Oromifa speakers with christia WEllega. For time being what TPLF is doing is enough for our people.

        Let Allaha be with our People!!!

        Abdulaziz shek Abiyo

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        • 30 November 2009 14:42, by Mohammad100

          Dear Obboo Abdulaziz shek Abiyo,

          You articulated the same scenario of the Oromia Colonizers. None of the colonizer Abyssinian group would like to see a united, strong Oromia. Starting from Menilik up to Meles, they knives and spread sheers quackeries just to divide the people of Oromia. On the other hand, I do not believe that you are an Oromian. You may try but I can smell an Abyssinian or their dog thousands of miles away. Jaamtee nijaamiti male, saree iija nidhiqanii. Atis saree dha iija kee si dhiqee nama Oromoo nisigodhuu.

          Mohammad.

          repondre message

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