Ethiopia Returns to Sudan for Oil: "The Ethiopian government agreed with the Sudanese government last Thursday to resume oil imports from its northern neighbour.
Following the expiration of the agreement the two countries signed in 2002, Ethiopia was looking for an alternative supplier in the Middle East as it could not strike a deal with Sudan to extend the procurement.
“We have reached an agreement after finishing details left unsettled after the previous accord expired,” Alemayehu Tegenu, minister of Mines and Energy of Ethiopia, told Fortune.
Alemayehu signed the agreement with his Sudanese counterpart, Awad Ahmed Al Jass (PhD) last week January 10, 2007 at the Sheraton Addis."
Following the expiration of the agreement the two countries signed in 2002, Ethiopia was looking for an alternative supplier in the Middle East as it could not strike a deal with Sudan to extend the procurement.
“We have reached an agreement after finishing details left unsettled after the previous accord expired,” Alemayehu Tegenu, minister of Mines and Energy of Ethiopia, told Fortune.
Alemayehu signed the agreement with his Sudanese counterpart, Awad Ahmed Al Jass (PhD) last week January 10, 2007 at the Sheraton Addis."