China moves on $4 bln Ethiopian export project

China may soon have a new source of LNG if Poly-GCL’s plan to export gas from Ethiopia comes to fruition China may soon have a new source of LNG if Poly-GCL’s plan to export gas from Ethiopia comes to fruition.
By Li Xin 13 April 2016 0 19903
An LNG filling station in Jiangsu province, which could receive gas from the Ethiopian project. (Ministry of Transport)

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 DailyPoly-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...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up