Ethiopia Devises New Strategy to Increase Number of Tourists
Tourism Ethiopia announced a new strategy intending to greatly increase the number of tourists visiting Ethiopia. The new strategy has been developed hand in hand with the World Bank.
Ethiopia Discovers 7 Trillion Cubic Feet of Natural Gas in Ogaden
An American based petroleum property analysis and consulting firm, Netherland, Swell & Associates, verified the existence of 7 trillion cubic feet of natural gas in the Ogaden area of Ethiopia. The firm conducted a four-month study to issue the finding and handover the first gas reserves certificate to the Ministry of Mines and Petroleum.
According to Takele Uma, the Minister of Mines and Petroleum, efforts are underway to implement the finding. He stated that the study was an assurance of the availability and commerciality of natural gas and crude oil in Ethiopia.
Exploration in the Ogaden Basin which covers an area of 350 thousand square kilometers began in the 1920s. The Calub gas field in the Ogaden region was discovered in 1973 which made it one of the earliest finds in the area.
Ethiopia Drafting a New Petroleum Policy and Proclamation
The Ethiopian Ministry of Mines and Petroleum announced it is drafting a new petroleum policy and proclamation. Once finalized, the new policy and proclamation will enable Ethiopia to consolidate its exploration of oil and determine the volume of natural gas in the country, and extract them, the Ministry stated.
Ethiopia Drafting Framework for Public-Private Partnerships
In the aim of expanding the implementation of public-private partnerships (PPP), Ethiopia’s government is drafting a legal as well as policy framework.
Ethiopia Drafting Law to Regulate Internet, Radio and TV
Ethiopia is preparing a draft law to regulate Internet, radio and TV. The draft is being prepared by a steering committee constituting the Ethiopian Broadcasting Authority, Ethiopian Ministry of Communications & Information Technology and Information Network Security Agency. The Ethiopia Radio & Television Agency is also participating in the drafting process of the new law.
The draft bill is expected to be finalized and forwarded to the Council of Ministers before the end of the current Ethiopian Fiscal Year, according to Leul Gebru, deputy director general of Ethiopian Broadcast Authority.
