Chinese company Poly-GCL Petroleum Group Holdings is moving ahead with its $4 billion project to export gas from southeast Ethiopia’s Hilala and Calub gas fields to China after a drilling programme showed promise.
Two appraisal wells drilled last year yielded better-than-expected results, Liang Jin, gas manager at commodities consultancy JYD Information, told Interfax Natural Gas Daily. Poly-GCL said in February that "three sets of oil and gas shows had been detected".
Project developers laid the foundation stone in early March. Construction should start in August and take three years to complete, a PR representative for the government of neighbouring Djibouti, from where the gas will be exported, told NGD last month. Liang said Poly-GCL will begin work on a pipeline and wharf this year.
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