South Sudan, Ethiopia Sign Memorandum on Djibouti Oil Pipeline
I am just wondering out aloud: how many oil pipeline’s memorandum of understanding must South Sudan signed before MOU losses its meaning? It has signed one with Uganda, Kenya, Sudan and now Ethiopia and Djibouti. What is going on or is this the proverbial wisdom of not putting all your eggs in one basket? I am defeated! —Paanluel Wel.
By Paul Richardson
Feb. 9 (Bloomberg) — South Sudan and Ethiopia’s governments signed a memorandum of understanding to build an oil pipeline via Djibouti to facilitate oil exports, South Sudanese Information Minister Barnaba Marial Benjamin said.
South Sudan also held talks with an unidentified Texas- based construction company about building an oil pipeline to the Kenyan coastal town of Lamu, Benjamin said on the government’s website in Juba, the capital. The company “is ready to construct in six months time,” he said.
Toyota Motor Corp. of Japan has begun a feasibility study on the Lamu project, he said.
To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net
South Sudan, Ethiopia Sign Memorandum on Djibouti Oil Pipeline
BusinessWeek
9 (Bloomberg) — South Sudan and Ethiopia’s governments signed a memorandum of understanding to build an oil pipeline via Djibouti to facilitate oil exports, South Sudanese Information Minister Barnaba Marial Benjamin said. South Sudan also held talks …
Ethiopia, South Sudan, Djibouti Talk Infrastructure, Integration
ADDIS ABABA — Ethiopian Finance Minister Sufian Ahmed inked a Memorandum of Understanding last week with his Djibouti counterpart Elias Dawaleh Mussa and South Sudan’s Minister of Petroleum and Mines, Stephen Dhieu Dau, in the Ethiopian capital.
The tripartite agreement will promote greater regional integration and infrastructure projects between the three east African countries. The deal includes the construction of oil pipelines, fibre optic connections and the extension of the Djibouti-Ethiopia to South Sudan railway system.
The construction of pipelines stretching for several thousand kilometres will be undertaken by Hong Kong based Chinese company, PetroTrans. It will run from South Sudan oilfields to the Port of Djibouti via Ethiopia’s Gambella region which itself is said to have vast oil deposits.
Mr. Mussa on his part said the inking of MoU demonstrated Djibouti’s pivotal space of great geo-strategic importance and the strengthening and deepening trilateral relations between the three countries. He reaffirmed Djibouti’s commitment in providing access to modern port facilities to both Juba and Addis Ababa.
South Sudan recently announced that it would halt its oil production accusing Khartoum of stealing its oil export. It said it would instead export via Djibouti.
Mr. Dau said the deal will help alleviate hunger and poverty in the region, in particular South Sudan.
Somalilandpress
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Tuesday, Feb 7, 2012
http://somalilandpress.com/ethiopia-south-sudan-djibouti-talk-infrastructure-integration-26509
South Sudan, Ethiopia Sign Memorandum on Djibouti Oil Pipeline
BusinessWeek
9 (Bloomberg) — South Sudan and Ethiopia’s governments signed a memorandum of understanding to build an oil pipeline via Djibouti to facilitate oil exports, South Sudanese Information Minister Barnaba Marial Benjamin said. South Sudan also held talks …
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South Sudan, Ethiopia Sign Memorandum on Djibouti Oil Pipeline
BusinessWeek
9 (Bloomberg) — South Sudan and Ethiopia’s governments signed a memorandum of understanding to build an oil pipeline via Djibouti to facilitate oil exports, South Sudanese Information Minister Barnaba Marial Benjamin said. South Sudan also held talks …
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