Ethiopia plans to build an oil terminal in Djibouti

July 7, 2018 – The Ethiopian government began planning for the construction of an oil terminal at the port of Djibouti, due to the limited capacity of the port of Djibouti to meet growing needs in fuel from Ethiopia. Tadesse Hailemariam, CEO of the Ethiopian Petroleum Supply Enterprise, told The Reporter: "We are going through a difficult time at the Horizon terminal due to capacity limitations. The terminal is now unable to cope with the increase in oil imports. We are suffering.

The Djibouti Horizon storage yard has a total of 31 tanks with a storage capacity of 300 000cu of petroleum products.The terminal has several tanks for gasoline (benzene ), diesel (diesel), kerosene and jet fuel DHT Company has allocated more than 150,000 cubic meters of oil storage capacity to half of the stockyard for Ethiopia EPSE uses the facility to store 72,000cu.m of gas oil, 70,000cu.m of jet fuel, 10,000cu.m of gasoline and 10,000cum of fuel oil. "But that is not enough for us to cope with growing oil imports," he said. Tadesse

US, French and Chinese military forces have military bases that consume large amounts of fuel for their planes and ships, and military bases use DHT to meet their petroleum demands.

According to Tadesse, government and hiopien is now planning to jointly develop a new oil terminal with the government of Djibouti. The planned stockyard will have the capacity to store 30,000cc of petroleum products and a JT pipe that receives oil from tankers. A preliminary study by ESPE indicates that the proposed oil terminal could cost $ 220 million

Source: Reporter

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