O
verview
Ethiopian
Natural
Gas and Petroleum Industry
By Samuel Tekleyesus
T
he Oil and Gas sector in Ethiopia, currently at a very early stage of development, shows good potential for development on the long-run. Exploration for oil and natural gas is currently taking place in a number of areas in Ethiopia, including in parts of the Ogaden Basin in Southern Ethiopia, Afar in Northeastern Ethiopia, Southeastern Ethiopia, Afar in Northeastern Ethiopia, Southern Rift Basin, the Gambela basin, the Mekele Basin, Metema Basin, the Abay Basin in Northwestern and Main Ethiopian Rift Basin regions. Oil and natural gas discoveries in neighboring countries as well as the Calub and Hilala Natural Gas discoveries in the Ogaden region have created great interest in the above-mentioned regions under exploration, and the 16
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government has now established a national Petroleum and Natural Gas Development Enterprise, to further develop the sector and the government’s stake in it. Development of the oil and gas sector in Ethiopia has the prospective to transform the country’s economy. In terms of national economic planning and performance, the Government of Ethiopia tended to aggregate petroleum with industrial and
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metallic minerals, particularly in terms of emphasizing the export domestic production. The Oil and Natural gas sector is governed by the Ministry of Mines, Petroleum and Natural Gas and the unit dedicated to manage the sector faces capacity constraints. The sector will benefit from strategies and policies to implement the broader vision for the sector. It is also currently governed by proclamations and regulations that will benefit from a revision
