More Gulf interests look to invest in Ethiopia

Issue 836 - 16 Sep 2008 | 1 minute read

Falcon Petroleum Ltd, a company with Middle Eastern backing registered in Cyprus, has been awarded three blocks in Ethiopia’s Amhara Regional State. Ethiopian Minister of Mines and Energy Alemayehu Tegenu said the contract envisaged an exploration period of four years and a 25-year production period, and

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