Ethiopia: Canadian firm inks oil exploration accord amid rebel threat

Sudan Tribune

February 24, 2013 (ADDIS ABABA) - Despite a warnings from a rebel group earlier this week, Canadian oil and gas company Africa Oil Corporation (AOC), said on Sunday that it has signed a petroleum exploration and production agreement with Ethiopia.

The Ogaden National Liberation Front (ONLF), which is blamed for the killing of 65 Ethiopians and nine Chinese oil workers in an attack at a Chinese-run oil venture in 2007, on Monday accused the Canadian company of conspiring with the government to exploit oil resources in the Ogaden region.

The group warned the company to refrain from oil exploration activitiesin the country’s eastern region or face consequences.

The Ethiopian government immediately dismissed the warning as a desperate propaganda ploy by the few remnant leaders of the group.

State mines minister Sinknesh Ejjig and AOC vice-president of business development, James R. Phillips, signed the agreement on Thursday few days after the rebel threat.

The fuel exploration agreement covers 42,000 and 50,000 square kilometres on the East African nation’s Rift Valley Block of South Omo and Ogaden regions respectively.

“The Company would execute its activities as per the law of the country and based on international experiences” said Ejjigu.

Noting his company’s vast experience in petroleum extraction and development activities in many African countries, Phillips said the project will not only bring economic benefits to Ethiopia but eventually contribute towards development to the entire region and the continent at large.
.
The ministry of mines said AOC, in collaboration with two London-based oil companies - Tullow Oil plc and New Age Ethiopian Ltd, is “undertaking encouraging activities in petroleum exploration and development”.

Since 2005, a growing number of foreign oil companies have shown interest in engaging in exploration efforts in Ethiopia despite repeated threats by the ONLF rebel group.

(ST)

Views: 651

Tags: Canadian, Ethiopia:, accord, amid, exploration, firm, inks, oil, rebel, threat

Comment

You need to be a member of Sodere Ethiopian News and Entertainment to add comments!

Join Sodere Ethiopian News and Entertainment

SodereTube Ethiopian News

Colorado: Ethiopian Ahmed Ali testimony about Doctor that provides free medical service for refugees

Colorado: Ethiopian Ahmed Ali testimony about Doctor that provides free medical service for refugees

Three students returned from Ethiopia caused Ebola scares at Oklahoma high school

Three students returned from Ethiopia caused Ebola scares at Oklahoma high school

Jossy in the house show interview with Leza Award Winners

Jossy in the house show interview with Leza Award Winners

Ethiopian government PR employees training on facebook and twitter

Ethiopian government PR employees training on facebook and twitter

Ethiopia - Preparation started for the construction of 4.5bil birr expansion plan at Bole Airport

Ethiopia - Preparation started for the construction of 4.5bil birr expansion plan at Bole Airport

SodereTube Comedy

Betoch Comedy Part 74

Betoch Comedy Part 74

Ethiopian artists compete and share funny stories

Ethiopian artists compete and share funny stories

Markos Fikre - Kuralew (ቁራሌው) New Ethiopian Comedy Music 2014

Markos Fikre - Kuralew (ቁራሌው) New Ethiopian Comedy Music 2014

Betoch Comedy Part 73

Betoch Comedy Part 73

Comedy - Political Satire - Kiros from 9th street on recent clash at Washington DC embassy

Comedy - Political Satire - Kiros from 9th street on recent clash at Washington DC embassy

Events

SodereTube Sport

Ethiopia to construct 30 thousand seat Gambela stadium with 375 mill birr ($19mil)

Ethiopia to construct 30 thousand seat Gambela stadium with 375 mill birr ($19mil)

Mali 2: 3 Ethiopia Goals - 2015 Africa Cup of Nations Qualifications

Mali 2: 3 Ethiopia Goals - 2015 Africa Cup of Nations Qualifications

Ethiopia vs Mali Goals, Highlights and Discussion about the game

Ethiopia vs Mali Goals, Highlights and Discussion about the game

Ethiopia vs Mali Live 0 : 2 - Goals, Highlights and Discussion

Ethiopia vs Mali Live 0 : 2 - Goals, Highlights and Discussion

The most watched video - Arsene Wenger push on Jose Mourinho

The most watched video - Arsene Wenger push on Jose Mourinho

የ ፌስቡክ ጓደኛዎን ወይም ከኢሜይሎ አድራሻ ዝርዝር ወደ ሶደሬ.ኮም ይጋብዙ። You can now invite your Facebook friends and people in your address book to Sodere. It takes less than a minute. http://sodere.com/main/invitation/new

EthiopianTube Music

Balageru Idol - Ehetnesh Fanta - Best singer among women

Balageru Idol - Ehetnesh Fanta - Best singer among women

Balageru Idol - Tilanesh Solomon - Lovely girl

Balageru Idol - Tilanesh Solomon - Lovely girl

Ethiopian Saron Abraham became emotional after her performance on Sweden Idol

Ethiopian Saron Abraham became emotional after her performance on Sweden Idol

Markos Fikre - Kuralew (ቁራሌው) New Ethiopian Comedy Music 2014

Markos Fikre - Kuralew (ቁራሌው) New Ethiopian Comedy Music 2014

Tsedenia Gebremarkos - Yefikir Girma

Tsedenia Gebremarkos - Yefikir Girma

Ethiopian Videos

My sweet memories of childhood - Eka Eka Chewata, Bale Ena Mist, Serg..

My sweet memories of childhood - Eka Eka Chewata, Bale Ena Mist, Serg..

Jossy In Z House Show Interview With Selam Tesfaye October 2014

Jossy In Z House Show Interview With Selam Tesfaye October 2014

How to Kiss a Lady The Art of Kissing Love Vaccination from Ethiopikalink Part 1

How to Kiss a Lady The Art of Kissing Love Vaccination from Ethiopikalink Part 1

I broke up with my girlfriend after I cheated. Now I am dating her sister. Would this love last?

I broke up with my girlfriend after I cheated. Now I am dating her sister. Would this love last?

I saw my boyfriend's sister cheat on her husband. She told me not to talk but I can't keep the secre

I saw my boyfriend's sister cheat on her husband. She told me not to talk but I can't keep the secre

Ethiopian news and video portal. Sign in create profile, share videos, upload picture, invite your friends and have fun.

All Idol Shows (Balageru, Coca cola...)

Balageru Idol - 4A cultural Dance group - Best performance of the day

Balageru Idol - 4A cultural Dance group - Best performance of the day

Balageru Idol - Ehetnesh Fanta - Best singer among women

Balageru Idol - Ehetnesh Fanta - Best singer among women

Balageru Idol - Tilanesh Solomon - Lovely girl

Balageru Idol - Tilanesh Solomon - Lovely girl

Ethiopia Balageru Idol - Tigist marie

Ethiopia Balageru Idol - Tigist marie

Eyerus Surew - Amazing little girl dance on Balageru Idol

Eyerus Surew - Amazing little girl dance on Balageru Idol

© 2014   Created by Sodere.

Badges  |  Report an Issue  |  Terms of Service