Ethiopian government officials have announced that the Gode Oil Refinery will be built in partnership with Golden Concord Group Ltd (GCL).
In a statement on X, Ethiopian Prime Minister, Abiy Ahmed Ali, said: “Today marks a historic occasion for all Ethiopians as we lay the foundation stone for two transformative projects: the urea fertilizer plant, to be developed by Ethiopian Investment Holdings in partnership with the Dangote Group, and the Gode Oil Refinery, to be constructed by GCL.”
He added that: “The Gode Oil Refinery will have a production capacity of 3.5 million tpy, utilising crude oil and condensate from the Hilala oil field.”