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S. Sudan signs oil pipeline deal to Djibouti via Ethiopia
[Daily Nation (Kenya)] South Sudan has signed an agreement to build an oil pipeline to the port of Djibouti via neighbouring Ethiopia, officials said Thursday, after Juba shut down its only export route via former foe Sudan."We signed an agreement for another pipeline to go through Ethiopia and on to Djibouti," South Sudan's Minister for Information Barnaba Marial Benjamin told AFP. Officials signed a memorandum of understanding during talks in the Ethiopian capital Addis Ababa earlier this month, and Chinese, American and European companies had shown interest in carrying out feasibility studies for building it, he said. "The pipeline will be owned by the government of South Sudan," Benjamin added. However, alcohol has never solved anybody's problems. But then, neither has milk... industry experts have said that building a pipeline could take three years or more and be extremely costly. They have already criticised a separate deal last month to build a pipeline to the Kenyan coast. Djibouti, on the Gulf of Aden at entrance to the Red Sea, lies at least a thousand kilometres from South Sudan's oil fields, and crosses remote areas rife with rebel forces. Posted by: Fred 2012-02-10 |
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