Ethiopia, Djibouti and Nigerian billionaire to build new oil pipeline

Ethiopia, Djibouti, and a Nigerian investor are collaborating on a 120-kilometer oil pipeline project linking the port of Damerjog to a distribution center in Dewele. The project aims to significantly improve energy security and reduce fuel transport times to Addis Ababa upon its completion in eighteen months.
Ethiopia, Djibouti, and a Nigerian billionaire have launched a project to construct a 120-kilometer oil pipeline. This new infrastructure will connect the port of Damerjog in Djibouti to a distribution center in Dewele, Ethiopia, which will include storage capacity for 400 million liters of fuel. The project aims to become operational within eighteen months and will facilitate the transport of essential products such as diesel, gasoline, and jet fuel.
Ethiopian Prime Minister Abiy Ahmed stated that the pipeline will significantly reduce fuel transport times to Addis Ababa from five days to just one day. As a landlocked country, Ethiopia relies heavily on Djibouti for energy imports, and this pipeline is expected to ease pressure on existing supply chains. The initiative is intended to bolster Ethiopia's energy security and provide a more resilient supply network for critical sectors including agriculture and aviation. Furthermore, the development is projected to create jobs and increase government revenue for Djibouti, providing a strategic advantage amidst global energy supply disruptions.
Based on reporting by nu. Translated and condensed by LocalHeadlines.



