Diesel

Ethiopia needs $4.4 billion to purchase fuel in 2024

Ethiopia needs $4.4 billion to purchase fuel in 2024

Ethiopia announced that,it needs 4.3 million metric tons of fuel in 2024. According to the Ethiopian Oil Supply Company, $4.4 billion is needed for the 4.3 million metric tons of fuel planned to be imported in 2024. A contract agreement was signed after the Bahraini company "Vitol" won the international tender to import fuel needed by Ethiopia in the 2024 fiscal year. The company will import 40% of the total amount of diesel, that plans to import. According to the agreement, the company will supply 760 thousand metric tons of gasoline and 1.2 million metric tons of diesel for 1…
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