Ethiopia receives first gas reserves certificate

Addis Ababa, August 26, 2022 (FBC) – The Ministry of Mines and Petroleum received the first gas reserves certificate as a study to verify extent of oil and natural gas reserves in Ethiopia completed.

Minister of Mines and Petroleum, Takele Uma received the certificate from the American company Netherland, Sewell & Associates, Inc (NSAI), American based petroleum property analysis and consulting firm that conducted the study.

Speaking at the handover ceremony, Takele said efforts are underway to translate the study into practice. The certificate is an assurance of the availability and commerciality of natural gas and crude oil in Ethiopia, The Minister said.

“This gives us the leverage to attract reputable companies to work with and develop our natural gas, Takele added.