LNG

Djibouti signs gas pipeline and LNG plant deal

Djibouti has signed an agreement with China’s Poly-GCL to build a gas pipeline across the Ethiopian border.
By Staff reporter 15 May 2018 0 30857

Djibouti has signed an agreement with China’s Poly-GCL to build a gas pipeline across the Ethiopian border. The deal will include the construction of an LNG export plant at Damerjog and will cost approximately $4 billion, Energies-Media reports.

The agreement follows the signing of a memorandum of understanding for the project in November 2017, after which the terms of the contract were finalised.

The pipeline will have a capacity of 12 billion cubic metres per year and will run for 749...