An Ethiopian oil marketer, National Oil Ethiopia, is looking to establish a refinery in the Horn of Africa country, eliminating some of the government’s burden of importing costly refined petroleum products from international sources like India and countries in the Gulf region.
When, or if, the refinery moves forward it is slated to have a capacity to produce 20,000 to 30,000 bpd. It was not revealed where the financing for the refinery would come from.(Source: Africa petroleum)
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