Ethiopia spends $1 billion per year importing petroleum
Ethiopia, which imports around 7,000 cubic meter petroleum products a day, has an annual petroleum import bill of over one billion dollars, Ethiopian Petroleum Enterprise (EPE) said on Thursday.
EPE said this is as a result of the increasing demand for petroleum following rapid development registered in the country.
Ethiopia imports petroleum products from Sudan and Middle East via the port Djibouti.
Around 300 fuel trucks are involved daily in transporting the fuel.
- APA
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