Djibouti's President Ismaïl Omar Guelleh and Ethiopian Prime Minister Abiy Ahmed will preside over the laying of the first stone of a petroleum products storage terminal in Damerjog's industrial park on Thursday. The terminal, developed by Dangote Industries Limited, will have a storage capacity of 375,000 cubic meters and can handle five million tons of petroleum products annually.
The terminal will be directly connected to the Damerjog-Nagad railway line and linked to the Damerjog Liquid Bulk Port (DLBP) via a common collector system. This strategic location will enable efficient transportation and logistics of petroleum products. The project is expected to serve as a starting point for a more ambitious undertaking: the Damerjog multiproduct pipeline.
The 120km pipeline will connect the oil terminals to the border town of Dawanleh, aiming to sustainably supply the Ethiopian market with refined products. The pipeline is anticipated to reduce congestion on roads, lower carbon emissions, and prevent stockouts. In the long term, it may also facilitate the export of regional energy resources to international markets.
The pipeline and terminal project is a significant step in the economic integration of Djibouti and Ethiopia, two countries with historical and cultural ties. Their cooperation is considered one of the most successful examples of economic integration in Africa. The Dangote Group, a leading industrial conglomerate in West Africa, is behind the project.
The Dangote Group operates in various sectors, including cement, sugar, flour, salt, pasta, and beverages, as well as real estate and petroleum refining. The group's involvement in the project is expected to bring significant expertise and investment to the region. The terminal and pipeline project will have a positive impact on the regional economy.
The project is also expected to create new opportunities for economic growth and development in the region. The laying of the first stone marks an important milestone in the project's implementation. Once completed, the terminal and pipeline will play a critical role in the region's energy infrastructure.
The successful completion of the project will depend on effective cooperation between Djibouti and Ethiopia. The two countries have a strong track record of collaboration, and the project is expected to further strengthen their economic ties. The project will contribute to the region's economic development and energy security.
Key points
- The Dangote oil terminal in Damerjog will have a storage capacity of 375,000 cubic meters and handle five million tons of petroleum products annually.
- The 120km pipeline will connect the oil terminals to the border town of Dawanleh, aiming to sustainably supply the Ethiopian market with refined products.
- The project is expected to reduce congestion on roads, lower carbon emissions, and prevent stockouts in the region.
