30 feet underground is nothing, there's prison inmates that have built miles of tunnels to escape, and it would only take 1 blast to destroy damn near every pipeline , again u havent even taken into the factor of demand of gas, gas is way cheaper to sell than oil and way more expensive to produce, if we had cold winter in Africa, i can see u guys making money of selling the gas to neighboring countries but thats not the case.Ethiopians are 10x more competent than Kenyans. They usually get a decent deal from China and some even get cancelled if they find better routes. The Somali region will benefit enormously as they get a percentage of the revenue for their domestic budget. The pipes will be 30 feet underground so there's no way of getting to them, plus Ethiopias security apparatus is strong. There's more natural gas in Ethiopia in the Oromo region so this is a great start!
Yea china is extracting it, I just hope Ethiopia can extract the natural gas found in the Oromo region by it self. If true the region holds an enormous amount.
30 feet underground is nothing, there's prison inmates that have built miles of tunnels to escape, and it would only take 1 blast to destroy damn near every pipeline , again u havent even taken into the factor of demand of gas, gas is way cheaper to sell than oil and way more expensive to produce, if we had cold winter in Africa, i can see u guys making money of selling the gas to neighboring countries but thats not the case.
You have no idea about what a middle income country even means. Ethiopia will reach it by mid 2020s. Middle income status just means +2000 GDP ppp. Ethiopia is way less corrupt than most countries in world. It's on par with America in corruption. Somalia steals food aid money to build houses for its top leaders. What's worse is that they will be destroyed by al Shabab anyways....They will never become Middle income country due to high population and regime will steal the money like they do right now.
Even if they had less than 1 million ppl, they wouldn't be making money on the gas sale, the location it's located at and the expenses involved wouldn't make any sense cause natural gas demand is too low, I think the tplf are trying to rack up alot debt for Ethiopia and make tons money for their region, once they're overthrown, they'll take all the money to their region and call for a referendumThey will never become Middle income country due to high population and regime will steal the money like they do right now.
Ethiopia currently does not use a large amount of oil. With cheap electricity it has no real need to keep the oil. It's better to sell it and earn dollars to do more developmental work. The region is hostile but theirs no other options so it will proceed.
They're living in a delusional world sxb lol,What cheap electricity? You think the dozen GW's the renaissance dam provides is enough to power the country?
90% of Ethiopians still don't have access to a reliable electricity source.
However your government still decides to sell the tiny bit of power you have to fill their own pockets instead of having a capital city with consistent electricity.
40% have direct access to electricity and another 20% access to off grid electricity. The problem with outages (which is present in all African countries) is because of transmission lines and outdated storage facilities. Either way Ethiopia has one of the highest electricity productions in Africa. While we are developing what are you and your people doing?What cheap electricity? You think the dozen GW's the renaissance dam provides is enough to power the country?
90% of Ethiopians still don't have access to a reliable electricity source.
However your government still decides to sell the tiny bit of power you have to fill their own pockets instead of having a capital city with consistent electricity.
40% have direct access to electricity and another 20% access to off grid electricity. The problem with outages (which is present in all African countries) is because of transmission lines and outdated storage facilities. Either way Ethiopia has one of the highest electricity productions in Africa. While we are developing what are you and your people doing?
You have no idea about what a middle income country even means. Ethiopia will reach it by mid 2020s. Middle income status just means +2000 GDP ppp. Ethiopia is way less corrupt than most countries in world. It's on par with America in corruption. Somalia steals food aid money to build houses for its top leaders. What's worse is that they will be destroyed by al Shabab anyways....
We don't have any hydrological power sources but if we did have the source of the Nile on hand we wouldn't be in the situation we are at the moment.
Best not to compare yourself against a country still at war (thanks to Addis) and instead look at Egypt that's fully making use of it's little power it has to produce value added goods like Aluminium.
Don't blame it on old transmission lines... since that's a moot point.
You're leaders might not be as corrupt as ours but they ain't Lee Kuan either.
A simpleton like you can't grasp what the article is saying. It says in the past 25 years 1 billion dollars of outflow occured in Ethiopia. If you had read the actual report you would know that the majority of the outflow is a result of false invoicing by importers/exporters. It never says who's money it is. 1 billion dollars is nothing when you think about the grand scheme of things. Ethiopias public budget is 15 billion, so even if you falsely assume all the exflow is by government officials that's 1/15th of the entire budget, which is still low for African standards. Somalia's probably the most corrupt country in Africa but there are no reports on it because obviously no one has access to the lawless country.Their leaders are more corrupted than ours, they stole 90% of aid.
https://www.forbes.com/sites/realspin/2017/03/03/ethiopias-cruel-con-game/#4b8ecf5f29d0
Ha that's rich. There's millions of Somalis who flee to Ethiopia and rely on the generosity of the government. There's litterally millions of Somalis begging in Ethiopia, there's not even more than a few thousands in Somalia who work, Unlike the Somalis in Ethiopia who just sit all day.Kkkkk get out of her your people Ethiopians beg in streets of north Somalia. Somalia is Dubai for them.