Oil & Gas Exploitation

The geological conditions of Ogaden basin in Ethiopia are favorable for oil and gas exploitation, with great potential for development. At present, the natural gas recoverable reserves has been proved to be over 120 billion cubic meters in the two development blocks-Calub and Hilala. In 2017, the discovery of Dohar gas field added more high quality natural gas resources. The natural gas resources of these three gas fields are sufficient to support the steady production of first phase three-million-ton LNG plant for 20 years. It is estimated that in 2020, the Calub, Dohar and Hilala gas fields will be put into production successively to achieve the first phase production target. With the continuous exploration, we strive to produce 10 million tons of LNG within 5-10 years. Meanwhile, industrial crude oil is discovered during survey in Hilala, with oil reserve of about 46 million tons. In June 2018, the first barrel of crude oil was produced. The daily output of qualified crude oil is 90 tons with excellent quality.