The Ethiopian government signed an agreement with the US firm Netherland, Sewell & Associates, Inc. (NSAI) to explore Ethiopia's natural gas deposits and its economic potential.
Inking the deal were Takele Uma, Ethiopia's Minister of Mines and Petroleum, and Joseph M. Wolfe, VP of NSAI. Tracey Jacobson, the US ambassador to Ethiopia, has also been present during the signing of the agreement.
Consequently, NSAI will conduct surveys and feasibility studies in the Ogaden area of Ethiopia's Somali region. The study will be based on explorations done so far on a 3,500km2 area in Ogaden.
The study will help develop Ethiopia's investment opportunities in energy, as well as help utilize natural gas reserves, Mr. Takele said in a tweet. It will also provide affirmation of the nation's natural gas opportunities for international investment firms, he noted.
Source (Including Image): Takele Uma Banti, Minister of Mines and Petroleum (Twitter)
