ADDIS ABABA (Xinhua)
-- Chinese firm Poly-GCL Petroleum
Group Holdings Limited (Poly-GCL) is to construct the 767-km
Ethiopia-Djibouti natural gas pipeline, the Ethiopia Ministry of
Mines and Petroleum (MoMP) announced on Saturday.
In a press statement, MoMP said Ethiopian and Djiboutian
government officials have agreed that Poly-GCL will start the
natural gas pipeline project construction this year.
Both countries hope to earn much needed foreign currency once
the natural gas pipeline project is constructed and
The Ethiopian government had back in April announced plans to
generate 1 billion U.S. dollars annually from extraction of
natural gas and crude oil deposits.
Poly-GCL is expected to install a pipeline to transport the
gas from fields in landlocked Ethiopia up to ports in
neighboring Djibouti in a period of two years.
Around 700 kilometers of the natural gas pipeline will be
located in Ethiopia, while the rest of the natural gas pipeline
will be located in Djibouti.
Recently, Poly-GCL discovered 7 to 8 billion cubic trillion
feet of natural gas in Ethiopia’s Somali regional state located
in the eastern part of the country.
Poly-GCL is a mixed ownership clean energy company engaged in
exploration and development, storage and transportation and
processing, trade marketing and terminal utilization.
Chinese vice president
meets Djibouti Minister of Foreign Affairs
BEIJING China (Xinhua) --
Chinese Vice President Wang Qishan on Wednesday
met with Mahamoud Ali Youssouf, Minister of Foreign Affairs and
International Cooperation of Djibouti, vowing to enhance
exchanges on governance experience.
Hailing the long-standing friendship and healthy and stable
relationship between the two countries, Wang said China and
Djibouti are friends and brothers of mutual understanding and
support of each other’s core interests and major concerns.
This year marks the 40th anniversary of the establishment of
diplomatic relations between China and Djibouti.
Wang called on the two countries to seize this opportunity to
further promote pragmatic cooperation across-the-board under the
guidance of important consensus reached by leaders of the two
countries during last year’s Beijing Summit of the Forum on
China-Africa Cooperation (FOCAC).
On China’s development, Wang said China had "unswervingly
followed the socialist road with Chinese characteristics,
exercised strict Party self-governance in every respect,
constantly deepened reform and expanded opening-up, and met the
people’s increasingly diverse demands in life."
Youssouf said Djibouti was satisfied with the progress of
strategic partnership with China, and appreciated China’s
long-term friendly help.
He said Djibouti stood ready to learn from China’s experience
on development and on the construction of the ruling party.
Chinese State Councilor and Foreign Minister Wang Yi also met
with Youssouf on Wednesday.
"China always views and handles its relations with Djibouti
in line with the principle that all countries, big or small, are
equal, and assists Djibouti in accelerating its development in
line with the concept of upholding justice while pursuing shared
interests," the foreign minister said.
Calling China-Djibouti cooperation all-round and strategic,
Wang Yi suggested both sides seize the opportunities of jointly
participating in the Belt and Road Initiative and implementing
the outcomes of the FOCAC Beijing summit, to promote the
bilateral strategic partnership.
Youssouf said Djibouti would continue striving to develop the
long-term strategic partnership with China, and welcomed more
Chinese enterprises to invest and set up businesses in his