Ethiopia plans to build a refinery
The sources said Djibouti is undertaking a study on the construction of the oil pipeline. Russian engineers are undertaking the study. Oil engineers say that importing crude oil reduces the cost of fuel imports adding that during the refining process products like bitumen could be obtained. Ethiopia annually imports more than 1.5 million tones of petroleum at a cost of two billion dollars.
Ethiopia had one refinery at Assab but lost it to Eritrea after the secession. Ethiopia used to import crude oil and refine it at Assab until 1998. However, due to the high service charge requested by the Eritrean government, Ethiopia stopped using the refinery and started importing refined petroleum products before the two year bloody border war broke out.
source – reporter