Addisfortune.com: "Ethiopia is on the verge of halting petroleum product imports from Sudan, and may be forced to pay as much as 10 million dollars more every year to get its fuel from Saudi Arabia and other Gulf nations.
Two factors may force Ethiopia to cease importing millions of dollars in petreolum products from neighbouring Sudan, an arrangement that has saved Ethiopia millions over the last four years.
The state-owned Sudan Petroleum Corporation (SPC) – which supplies Ethiopia with gasoline and liquid petroleum, among other oil products – has stopped allowing Ethiopia to purchase on credit. Furthermore, the US Department of Treasury in May 2007 placed the SPC on its sanction list over Sudanese government support for militia groups terrorizing the Darfur region, putting diplomatic pressure on Ethiopia to cease its business relationship with the company."
Two factors may force Ethiopia to cease importing millions of dollars in petreolum products from neighbouring Sudan, an arrangement that has saved Ethiopia millions over the last four years.
The state-owned Sudan Petroleum Corporation (SPC) – which supplies Ethiopia with gasoline and liquid petroleum, among other oil products – has stopped allowing Ethiopia to purchase on credit. Furthermore, the US Department of Treasury in May 2007 placed the SPC on its sanction list over Sudanese government support for militia groups terrorizing the Darfur region, putting diplomatic pressure on Ethiopia to cease its business relationship with the company."