Home East Africa New Oil depot to come up in Ethiopia

New Oil depot to come up in Ethiopia

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· The Ethiopian Petroleum Supply Enterprise (EPSE) is seeking funds for the construction of a new national fuel depot to increase its fuel storage capacity

· This is borne out of the fact that the existing depots could not meet the demand for fuel storage facility, which is burgeoning year after year

· Till date, Ethiopia has 13 fuel depots with a total storage capacity upwards of 420,000 cu.m of fuel

The Ethiopian Petroleum Supply Enterprise (EPSE) is seeking funds for the construction of a new national fuel depot to increase its fuel storage capacity. This is borne out of the fact that the existing depots could not meet the demand for fuel storage facility, which is burgeoning year after year. Till date, Ethiopia has 13 fuel depots with a total storage capacity upwards of 420,000 cu.m of fuel..

The EPSE has decided to build a new modern national depot in Dukem town, 35 km south east of the capital. Towards this, the enterprise has acquired 10 hectares of land from the Oromia Regional State for the construction of the state-of-the-art fuel depot facility. The engineering design work for the depot has been undertaken by an Australian firm, SMEC International PTY Ltd. The depot will have 12 oil tanks to begin with, each having 25,000 cu.m of petroleum products.

The oil terminal will have a total storage capacity of 300,000 cu.m (300 million liters) of petroleum products including gasoline, diesel, kerosene and jet fuel. The project is built at a cost of a US$ 140 million. The new depot will be fully automated. It will be linked to the new Ethio-Djibouti railway line.

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