Home | News    Thursday 31 October 2019

Ethiopia to import cheaper refined oil from S. Sudan: official

separation
increase
decrease
separation
separation

October 30, 2019 (JUBA) - Ethiopia will begin importing cheaper refined oil from South Sudan to substitute the more expensive product from the Middle East, a senior official said on Wednesday.

South Sudanese soldiers guard an oil refining facility (AFP)

Speaking to reporters in the South Sudan capital, Juba, Ethiopia’s state minister for Petroleum, Koang Tutlam, said his country could save between 15-20% of the $3.4 billion used to import up to 4 million tons of refined oil from the Middle East yearly.

"We import almost all of our oil and other refined products from the Middle East, but owing to the close proximity of about 200 km between the oilfields of Pagak and Adar and the Ethiopian border, we stand to save much," said Tutlam.

South Sudan became the world’s youngest country after it split from Sudan in 2011. It has one of the largest reserves of crude in sub-Saharan Africa, only a third of which have been explored.

Separately, Tutlam said Ethiopia, which is currently exporting hydroelectric power to South Sudan also plans to start exporting an estimated 400 MW of power to Kenya in order to expand its market.

The third oil and gas conference held in partnership with Africa Oil and Power, focusing on finance, oil field technology and community development successfully concluded in Juba on Wednesday.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.



Sudan Tribune

Promote your Page too

Latest Comments & Analysis


In memory of Kerbino Wol 2020-06-29 08:17:47 By Robert Portada On 5 June 2020, Kerbino Wol announced that he was standing in solidarity with fellow citizens deep in the sacred land of South Sudan and launching the official manifesto of the (...)

Sudan: Dynamics of change and resistance of political parties to change  2020-06-26 19:15:55 By: Hussein Arko Menawi When we look at the political timeline in Sudan it gives us strong evidence, how the political future in Sudan is critical, bleak and confusing. It is also a good (...)

Sudan’s legitimate request for UN assistance. Who the opponents are and what their ulterior motives? (3-3) 2020-06-26 12:08:29 By: Trayo A. Al Ali Trayo Keep the focus on: Regardless of any inadvertent diversion punctuates the course of this discussion, it is extremely important for the reader to strickly keep the focus (...)


MORE






Latest Press Releases


S. Korea supports UN communities building resilience project in Sudan’s Blue Nile 2019-09-09 09:26:41 UNDP Sudan September 5, 2019 (KHARTOUM) - An agreement was signed on 5th of September between the Korean Ambassador, His Excellency. Lee Ki-Seong and Dr. Selva Ramachandran, Resident (...)

Sudanese lawyers and Human rights defenders back calls for civil rule 2019-04-26 10:22:06 Press statement by 55 Sudanese lawyers and Human rights defenders on Sudan Sit-in and Peaceful Protest Khartoum -24/04/2019 We, the undersigned (55) Sudanese lawyers and human rights defenders, (...)

South Sudan’s Lafon youth condemn killings of civilians by Pari community 2019-04-03 21:54:29 Press Statement on the Fighting between Pari/ Pacidi and Lotuko/Lokiri on 24/3/2019 Release by The Lafon County Youth Union: We, the Lafon County Youth Union hereby condemn the atrocities and (...)


MORE

Copyright © 2003-2020 SudanTribune - All rights reserved.