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14 Aug 2018, Gergana Bencheva, EMIS Editor

UAE plans to build oil pipeline between Eritrea, Ethiopia

The United Arab Emirates (UAE) plans to build an oil pipeline between Eritrea and Ethiopia, Business Daily Africa reported. The move is in line with Abu Dhabi’s ambition to boost its involvement in the Horn of Africa.

The pipeline will connect Eritrea's port city of Assab with Ethiopia's capital Addis Ababa. Back in June, Ethiopia began extracting crude oil from reserves located in the southeastern part of the country. However, it will need access through Eritrea to export the oil, Business Daily Africa explained.

Sign in and read the full article in emis.com, or find out more about EMIS. Original source: Business Daily Africa