The East African nation draws ever closer to becoming a commercial petroleum producer.
|In this complimentary downloadable insight, Jane Whaley, Editor-in-Chief at GEO ExPro Magazine, explores Ethiopia’s 100 years of hydrocarbon exploration.
One of the fastest growing economies in the world, with a population of over 100 million, Ethiopia has a growing critical need for power supplies, given that 50% of the population and 25% of health clinics lack access to electricity. While some power is supplied by hydropower, the rest is dependent on imported coal and oil. As such, the production of proven oil and gas reserves and the discovery of new resources are national imperatives. The Ethiopian Ministry of Mines is keen to welcome more oil and gas exploration and investment into the country and is currently updating its petroleum legislation to make it more investor friendly.
The full insight, which explores Ethiopia’s hydrocarbon potential in detail, can be accessed for free below.