Ethiopia, Kenya sign oil pipeline deal


By Tesfa-Alem Tekle

June 25, 2016 (ADDIS ABABA) – Ethiopia and Kenya this week signed a new deal on construction of a crude oil pipeline which would run from the Kenyan coastal town of Lamu to Ethiopian capital, Addis Ababa.
President Uhuru Kenyatta (R) receives Ethiopian Prime Minister Hailemariam Desalegn at State House, Nairobi on June 22, 2016 (Photo Kenyan Presidency)

The agreement was signed on Thursday in the presence of Kenyan President Uhuru Kenyatta and Ethiopian Prime Minister Hailemariam Desalegn who is in an official visit in Kenya from 22 to 24 June.

The new deal is a part of the joint infrastructure project to integrate the region under the Lamu Port- South Sudan-Ethiopia Transport (Lapsset) economic corridor.

The two leaders vowed to complete the construction of a refined oil products pipeline by the end of 2016 and pledged to speed up the construction of the Lapsset.

Per the agreement, the new pipeline, which is due to be launched in December, will run through two routes: from Nakuru-Isiolo-Moyale-Awasa to Addis Ababa and the second route will be from Lamu-Isiolo-Moyale-Awasa.

The latest agreement between the two neighbours came a month after Uganda abandoned a similar deal with Kenya and instead preferred to use Tanzania’s port for oil export.

The two countries have also signed a number of cooperation agreements on a range of other fields including the establishment of a Joint Railway Commission and Project Coordination Committee to help in the implementation of the bilateral agreement signed in March 2012 in Nairobi.

Also, the two leaders have witnessed the signing of five memorandums of understandings on energy, education, livestock, health, cross-border trade and sports.

Both Uhuru and Desalegn reiterated the importance of implementing the signed agreements and agreed

Read More Here:

Comments

comments


AddisNews is not responsible for the contents or reliability of any other websites to which we get contents from and provide a link and do not necessarily endorse the views expressed by them.

Comments

comments

Click Here to Read More on AddisNews

Recommended For You

Leave a Reply

Your email address will not be published.