Horn of Africa Pipeline

2/3/2016
Project development

$ 1.55 billion

Announced

2/3/2016


Overview:

  • Horn of Africa Pipeline.
  • The 550km pipeline will carry oil between the Port of Djibouti to Awash in Ethiopia and will replace the current 500 trucks a day that transport oil over the same route.
  • The pipeline will be able to handle 240,000 barrels of fuel per day.
  • Alongside the pipeline itself the project also includes the construction of an import facility, buffer storage tank farm and pump and monitoring stations.
  • The project is being developed by the Black Rhino Group (an infrastructure investor owned by Blackstone) in a joint venture with MOGS, a subsidiary of Royal Bafokeng Holdings.
  • It is expected to be completed in 2018.
  • The project is being developed in part in response to Ethiopia's increasing demand for oil, which is growing at an estimated rate of 15% per year.

Sam Duke - Editor

Jurisdictions:

Djibouti
Ethiopia

Deal type:

Project development

Practice area:

Project development

Governing laws:

England and Wales
Ethiopia
Djibouti

Industry sector:

Oil and gas


Firms:

Party: Black Rhino Group (Sponsor)


Party: Black Rhino Group (Sponsor)

Party: MOGS - Mining Oil & Gas Services (Sponsor)