Continental Focus, International Reach

Poly-GCL Starts Production in Ethiopia

Sunday, July 1, 2018

China’s Poly-GCL is rumored to have started producing hydrocarbons from its holdings in Ethiopia’s Ogaden Basin on a test basis. The amount of gas reserves discovered by Poly-GCL is estimated to be 6 to 8 Tcf.

Officials, from both the federal and local governments attended the inaugural ceremony which was held on June 28. The federal delegation was led by Meles Alemu, Minister of Mines, Petroleum & Natural Gas.

Fitsum Arega, chief of staff in Prime Minister Abiy Ahmed’s office, said on Twitter that Abiy had met with officials from Poly-GCL Petroleum Investment Limited to “officially kick-start crude oil production test in Ogaden Region”.

“The company has discovered that there is a prospect of commercial quantities of crude oil in the region,” Arega said in the Tweet.

The state-affiliated Fana media quoted Abiy as saying 450 bpd would be produced on a trial basis.


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