Tadesse Tilahun, the chief executive of National Oil Ethiopia By Wendell Roelf CAPE TOWN (Reuters) – Ethiopia’s leading private oil marketer plans to build a $5 billion refinery within ten years to meet the growing demand for refined products in a region experiencing fast economic growth. A refinery could compete with imports from India, the
The post Ethiopia: Oil marketer plans $5 bn refinery construction appeared first on 6KILO.com.
Tadesse Tilahun, the chief executive of National Oil Ethiopia By Wendell Roelf CAPE TOWN (Reuters) – Ethiopia’s leading private oil marketer plans to build a $5 billion refinery within ten years to meet the growing demand for refined products in a region experiencing fast economic growth. A refinery could compete with imports from India, the
The post Ethiopia: Oil marketer plans $5 bn refinery construction appeared first on 6KILO.com.
SINGAPORE (Reuters) – European oil trader Vitol [VITOLV.UL] is likely to clinch a term deal to supply nearly 1.2 million tonnes of oil products into Ethiopia for next year, industry sources said on Wednesday. Vitol placed the lowest offer out of seven into a tender by Ethiopian Petroleum Supply Enterprise (EPSE) to buy 1 million
The post Vitol places lowest offer in Ethiopia oil product tender appeared first on 6KILO.com.