Nebiyu was first reported as making the refinery pitch to Ethiopian authorities in 2018. At the time, the project was evaluated at $2 billion. GreenComm Technologies were reported as making a joint proposal with another US company, Innovative Clear Choice Technologies (ICCT) to build the refinery that would process gas to liquid petroleum.
Could Ethiopian-American investor pull off a plan to build its own oil & gas?
On the plains of Ethiopia¡¯s Somali region, outside the regional capital of Jijiga An Ethiopian-American investor and his partners are on the brink of pulling off an elaborate scheme that may unfairly take advantage of Ethiopia¡¯s long-held ambitions to build its own oil & gas industry and become energy independent.
Could oil be found in Ethiopia?
If they find oil in this well it would be the first discovery in Ethiopia. The well (Sabisa) belongs to Tullow, Africa Oil Corp. (AOI) and Marathon Oil Corp. (MRO). There have already been some gas discoveries in eastern Ethiopia, but the target here is potential oil in the country¡¯s west¡ªas part of the same oil system found in Kenya.
Is re-refining waste lube oil a viable solution?
The study found that re-refining waste lube oil is a viable and cost-effective solution for reducing waste and conserving resources. The study provided evidence to support the potential benefits of re-refining used lubricating oil, including environmental protection, resource conservation, and economic gains through waste reduction.
