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...
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