Sunday, April 7, 2013

Ethiopia says no to Sudan fuel imports 

 In a shocking announcement by the Ethiopian government, it has canceled a $1 billion fuel import deal with Sudan. The government retracted earlier statements on the matter, which said it was looking to increase the energy transfer in what many experts are unsure of what it means. “I do not know why this has happened,” said economist Deteri Umani in Addis Ababa. He told Bikyanews.com that “this is strange because all seemed very positive over the past week in terms of relations between the two after the fuel announcement.”
Ethiopia says no to Sudan fuel importsThe Ethiopian Petroleum Supplier Enterprise (EPSE) retracted its statement that had reported that the country had imported over $1 billion of fuel from neighbouring Sudan via Djibouti.
“I think this is a positive step on both sides,” an Ethiopian government consultant told Bikyanews.com at the time. “It shows that we as a region are willing to compromise and meet goals without causing unduly harm. Considering the dam project and the anger from Khartoum and Cairo over it, helping give us energy needs is positive.”
But it seems something, not yet reported, has happened to change the situation.
Ethiopia imports up to 85 percent of its annual oil consumption from neighboring Sudan, largely due to its geographic proximity.

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