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Ethiopia Oil Refinery Project: $2.5bn Energy Bet Signals Major
Ethiopia Oil Refinery Project launches a $2.5bn refinery in Gode to cut fuel imports and boost industrial growth. Key phases, capacity, and global context.
Ethiopia breaks ground on first domestic oil refinery with Chinese
Ethiopia broke ground on its inaugural domestic oil refining facility, marking a major shift in the Horn of Africa country s energy infrastructure landscape. The project, officially named the Gode Oil Refinery, represents an estimated capital investment of $2.5 billion.
Ethiopia Gode Oil Refinery Set to Revolutionise Energy Sector in Afrca
In essence, the Gode Oil Refinery is more than an industrial project — it is Ethiopia s statement of #EconomicSovereignty, regional inclusion, and readiness to shape the future of #AfricanEnergy.
Ethiopia s PM Abiy Launches Gode Oil Refinery in Somali Region
Ethiopian Prime Minister Abiy Ahmed today laid the foundation stone for two landmark industrial projects in Ethiopia s Somali Region -- a multi-billion-dollar urea fertilizer plant and the Gode ...
Ethiopian PM launches oil refinery project
The refinery, to be developed by China s Golden Concord Group Limited (GCL) in partnership with the Ethiopia Investment Holdings, will process crude oil from the Hilala oil field.
Ethiopia building $2.5 billion fertilizer plant and $2.5 billion oil
On Thursday, October 2, 2025, Ethiopian Prime Minister Abiy Ahmed laid the foundation stone for two landmark industrial projects in the Somali Region—a $2.5 ...
Ethiopia breaks ground on the Gode oil refinery, marking a major
Building on the groundbreaking ceremony in Ethiopia, the East African Crude Oil Pipeline is heading towards a full-scale commissioning in July of this year. Africa s role in the international energy sector is shifting from buyer to supplier if the significant Gode Refinery project can be completed on schedule and within the allocated budget.
Uchumi360 — Built for the serious on X: Ethiopia Breaks Ground On Its
Ethiopia Breaks Ground On Its First Oil Refinery, Backed By China. Ethiopia broke ground on the Gode Oil Refinery, its first domestic refinery, in October 2025, a $2.5 billion, 3.5 million tonne (70,000 bpd) facility built by China s Golden Concord Group (GCL) alongside Ethiopian Investment Holdings, processing crude and condensate from the ...
Ethiopia Launches Historic $2.5 Billion Oil Refinery Project
The refinery s launch coincided with the inauguration of a $2.5 billion urea fertilizer plant developed by Ethiopian Investment Holdings in partnership with Dangote Oil Refinery Nigeria .
Ethiopia to Build First Oil Refinery of 3.5Mtpa Capacity
Ethiopia has concluded plans for the construction of $2.5 billion first oil refinery project. The government said it is being built by Golden Concord Group Ltd. of China with a capacity to produce 3.5 million tons of fuel a year. The facility will be constructed in two phases, with the first phase expected to be completed within 24 months, according to Billene Seyoum, Prime Minister Abiy Ahmed ...