Tag Archives: $1.5billion project

TPLF regime cancels planned Ethio-Djibouti oil pipeline project

3 Dec

Posted by The Ethiopia Observatory (TEO)
By The Reporter
The Ethiopian government canceled the planned Ethio-Djibouti fuel pipeline project, which was proposed to be undertaken by Black Rhino Group.

In 2014 the South Africa-based infrastructure investment group, Black Rhino, proposed to the Ethiopian government to build a 550km long pipeline to transport diesel, gasoline and jet fuel from the Port of Djibouti to central Ethiopia. The project is estimated to cost 1.5 billion dollars. The Ethiopian government had reviewed and accepted the proposal in principle.
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