M a r k e t N e w s

Newage, the British Energy Company Has Discovered 1.6 Trillion Cubic Feet of Natural Gas Reserve in the Ogaden Basin of Somali Region of Ethiopia

Posted on : Thursday , 21st November 2019

NewAGE has invented 1.6 trillion cubic feet of natural gas in a locality called Elkuran, says the private weekly newspaper in Ethiopia, The Reporter. The company has made the discovery near the site where the Chinse Poly GCL has started test gas production a year ago. NewAge currently operate the Adigala and Ogaden blocks in Ethiopia.

Guang Tutlam (MD), the State Minister of Ethiopia’s Ministry of Mines and Petroleum said “We are now working on the gas commercialization. We are looking at possibilities how to market the gas,”

African Global Energy in its official website stated that development options in Ogaden are currently under review and include small-scale domestic projects and LNG export with nearby operator Poly GCL, the Chinese company, which has been testing production in the area.

An American company, Greencom, has requested the Ministry of Mines and Petroleum to provide it with natural gas. Greencom has expected to build a gas processing plant which produces various petroleum products from gas. “The company plans to use a Gas-to-Liquid (GTL) technology to transform the gas into liquid petroleum products including gasoline and gas oil. The total investment cost is predicted at two billion dollars, “It said.

“The GTL technology has been enforced in other countries. Technologically, it has been tested. What Greecom wants from us is the supply of gas for the GTL plant. We have told them to discuss the matter with New Age, “the minister told reporters.

Source : www.expogr.com
Featured Companies
  • Bajaj Auto
  • Tire Group International, LLC.
  • /
  • TITAN Containers A/S
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • Narrowtex is a fully integrated company with processes such as warping, weaving, knitting, dyeing, finishing, make-up and packaging
  •  Portwest is a global vertical company with over 100 years of experience in the design, manufacture and supply of protective clothing, safety footwear, specialist gloves and PPE to resellers and distributors at the most competitive prices.
  • BITZER ranks among the leading manufacturers of refrigerant compressors.
  • We have been at the forefront of plate heat exchanger technology.
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • Pumps for dewatering, ground water control, sludge and slurry handling.
  • Hevt Duty Machinery
  • Manufacturer of auxiliary equipments
  • Used Machinery
  • VALSER Oil & Gas Limited was created to service the oil & gas, petrochemical, refining and power industries in East Africa
  • Bakery Equipment, Flour Mill, Bread Improver, Dried Fruit Processing machine
  • Save your power bill by instaling servo voltage stabilizer.
  •  K & S Financial Group is the link between the end buyer and a reputable Russian refinery.
  • Al Hosni Group International, has the experience and expertise in Construction, Manufacturing, Marketing, Hospitality, Chemicals, Gas services and environmental projects.
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  • Leading manufactures and expoters of the electronic products
  •  SS Gas Lab Asia is a reputed engineering company, engaged in manufacturing of carbon dioxide gas plants, hydrogen gas plants, nitrogen dioxide gas plants, CO2 storage tanks, CO2 transportation tankers and dry ice plants.
  • Manufacturer of heavy duty machinery
  • Fuel Metering System
  •  ABL Machine Tools, One of the group companies of ABL India is India
  • ISISAN is a core member of a group who employs, approx 2000 people and active in pipe manufacturing, furniture, machine made carpets, flour mill and animal feed production.
  • Catering for the most varied industrial storage requirements.
  • Vrushabh is one of the leading manufacturer and distributor of Conveyor Belts, Transmission Belts, Elevator Belts, PVC Belts.
  • Automatic brick manufacturing machines
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2022 Afrotrade