Petroleum Africa
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Wednesday, February 15, 2012
Chinese firm PetroTrans is expecting to conclude preliminary negotiations with Somaliland for the extension of the key port of Berbera by the end of this year; however, it had decided to nix any plans to include an LNG facility. The company is exploring on a number of blocks in Ethiopia’s Ogaden region.
Philip Hirschler, a legal adviser for PetroTrans, said in a Reuters report that the firm planned to extend Berbera port's container and mineral export services following an agreement it signed with the government of Somaliland in August 2011.
“Some of the project that was initially proposed such as the LNG facility, could not go into Berbera because it would be impossible to get any insurance on the facility,” Hirschler said.
"We're still talking about (developing) a container port, a dry cargo port, and a mineral export port, once there's sufficient minerals development in Ethiopia or further west."
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