Prime Minister Abiy Ahmed today inaugurated the first phase of the Ogaden Liquified Natural Gas (LNG) Project in Calub, Somali Region of Ethiopia. The facility, with an annual production capacity of 111 million liters, marks a milestone in Ethiopia’s drive to harness its natural gas reserves for national development.
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The Ministry of Finance has announced the full implementation of a combined 30 percent tax on petroleum products for the 2025/26 fiscal year, consisting of a 15 percent value-added tax (VAT) and a 15 percent excise duty.
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The Ethiopian Electric Utility (EEU) has announced plans to connect 154 rural localities to electricity, through both grid and off-grid systems, during the 2025/26 fiscal year.
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Ethiopian Electric Power (EEP) announced that it earned more than Birr 75.4 billion in revenue during the 2024/25 fiscal year.
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Ethiopian Electric Power (EEP) reported that the country earned USD 118.1 million from electricity exports to neighboring countries during the 2024/25 Ethiopian fiscal year.
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