ADDIS ABABA – Ministry of Mines has inked a partnership agreement with U.S. firm, Sewell, and Associates (NSAI), to assess the potential of Ethiopia’s oil and gas resources.
The agreement was signed between Minister of Mines Takele Uma and Vice President and Team Leader of NSAI, IJoseph M. Wolfe, in Addis Ababa on Tuesday.
As per the agreement, the firm will carry out surveys and feasibility studies in Ogaden, Somali Region based on explorations conducted so far at 3,500 Square Kilometres area in the region.
“These surveys will help the natural gas resource to be utilized for fertilizer and energy investments,” said Mining minister Takeke Uman.
“The outcome of the survey will also provide confirmation of our oil and gas resources potential for international investors,” the Minister said in a message posted on Facebook page.
Officials from the Minister of Mines and Chargé d’affaires of the U.S. Embassy in Addis Ababa, Ambassador Tracey Ann Jacobson, attended the signing ceremony.