Ethiopia Cancels Contract with Chinese Petroleum Company

Source: The Addis Standard published on 21 September 2022 an article titled “Ethiopia Terminates Contract with Chinese POLY-GCL Effective Today.”

Ethiopia announced the termination of a contract with Chinese oil and gas company POLY-GCL for failure to meet the conditions of the agreement. POLY-GCL has been exploring for oil and natural gas in the Ogaden basin of Somali Region since 2013.

Labels: Abiy Ahmed, China, contracts, Ethiopia, natural gas, oil, POLY-GCL, Somali Region