Ethiopia Oil and Gas Sector Development

The oil and gas sector in Ethiopia, currently at a very early stage of development, shows good potential for development on the long-run. The sector will benefit from strategies and policies to implement the broader vision for the sector. Development of the oil and gas sector in Ethiopia has the potential to transform the country’s economy. To this end, the Government of Ethiopia (GoE) has requested technical assistance and capacity building support from the World Bank as part of a wider package of support provided by the Bank (in coordination with other development partners) to develop the extractive industries (oil, gas, and mining) sector of Ethiopia. The main objective of the work to be undertaken, is to provide guidance and build capacity in GoE as it undertakes the wider update of its policy, legal, and regulatory framework of the oil and gas sector. Adam Smith International (ASI) was contracted to review the policy and regulatory framework for the oil and gas sector and provide recommendations. This final report on policy and regulatory options has been prepared at the conclusion of the analytical stage of the project, and was preceded by the initiation report submitted in July 2015. This report has two objectives. Firstly, to provide a comprehensive review of the current policy of the GoE towards the oil and natural gas sector. Secondly, to evaluate the regulatory framework in terms of good international practice.

Bibliographic Details

Main Author:	World Bank
Format:	Report biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2016-01
Subjects:	GAS PIPELINE, NATURAL GAS SECTOR, REFINERY, PETROLEUM RESOURCES, EXTRACTIVE INDUSTRIES, GAS RESOURCES, GAS SECTOR REVIEW, GEOLOGICAL DATA, REFINING, GAS PROCESSING, RE-EXPORT, ENVIRONMENTAL PROTECTION, PIPELINES, PETROLEUM DEVELOPMENT, GAS RESERVOIR, GAS RESERVES, PETROLEUM LAW, PETROLEUM PRODUCING, OIL SPILLS, EXPLORATION WELLS, OIL COMPANY, GAS DISCOVERY, MILLION BARRELS, WELL COMPLETION, ENERGY SOURCE, AQUIFER, GAS POLICY, RESERVOIRS, PIPELINE PROJECT, PETROLEUM PROVINCE, GAS FIELDS, GAS, OIL & GAS, FLARING REDUCTION, GAS SECTOR DEVELOPMENT, INCOME TAX, GAS PIPELINE PROJECT, FISCAL TERMS, GAS ASSOCIATION, GAS TREATMENT, GAS FLARING REDUCTION, STREAM, UPSTREAM ACTIVITIES, PETROLEUM, LNG, PETROLEUM PRODUCTION, GAS DISCOVERIES, OIL, NATURAL GAS RESOURCES, RESERVOIR, POWER GENERATION, NATURAL GAS PRODUCTION, DEPOT, PETROLEUM ENGINEER, GAS DEVELOPMENT, CHEMICAL ENGINEERS, OIL RECOVERY, OIL COMPANIES, GAS PRODUCTION, PETROLEUM CONTRACTS, COMPRESSED NATURAL GAS, OIL SPILL, GEOPHYSICAL DATA, ROYALTY, EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE, SEISMIC SURVEYS, DOWNSTREAM UTILIZATION, OIL AND GAS, GAS PRODUCERS, NATURAL RESOURCES, FUELS, EI, OIL PRODUCING, GAS SECTORS, DRY HOLE, FISCAL REGIME, STORAGE FACILITY, GAS PROJECTS, GAS COMPANIES, NATURAL GAS RESERVES, EXPLORATION WORK, CLIMATE CHANGE, GAS PROCESSING PLANTS, NATURAL GAS LIQUIDS, PRODUCTION SHARING CONTRACTS, GAS PIPELINES, INTERNATIONAL OIL COMPANIES, PETROCHEMICALS, GAS FLARING, GAS LAW, PETROLEUM REGULATIONS, ROYALTY RATES, OIL AND GAS SECTOR, PETROLEUM GAS, PRIVATE PARTIES, EXTRACTION, NATURAL GAS DEVELOPMENT, PRIVATE SECTOR, OIL FIELDS, GAS EXPLORATION AND DEVELOPMENT, NATIONAL ENERGY, FOREIGN EXCHANGE, MONEY MARKETS, HYDROCARBONS, PETROLEUM SECTOR, NATURAL GAS RESERVOIR, NATIONAL OIL, NATURAL GAS DISCOVERIES, GEOLOGICAL SURVEY, PETROLEUM COMPANY, PETROLEUM EXPLORATION, NATURAL GAS PIPELINE, GAS EXPORTS, NATURAL GAS, GAS INDUSTRY, GAS DELIVERY, GAS SECTOR POLICY, EXPLORATION PERIOD, FISCAL STABILITY, GAS OPERATIONS, EXPLORATION BLOCK, MINERAL, NATIONAL OIL COMPANIES, FUEL, CRUDE OIL, FISCAL SYSTEM, DRILLING, SEISMIC DATA, GEOLOGIC DATA, PRIVATE INVESTORS, GAS SECTOR, GAS TREATMENT PLANT, GAS DEVELOPMENT PROJECT, PETROLEUM INDUSTRY, PIPELINE SYSTEMS, LIQUEFIED PETROLEUM GAS, NATURAL GAS PIPELINES, PETROLEUM PRODUCTS, KEROSENE, PETROLEUM PRODUCING COUNTRIES, OIL INDUSTRY, SEISMIC INTERPRETATION, PETROLEUM SUPPLY, PIPELINE, PETROLEUM POLICY, FIELD PROCESSING, POWER PLANT, OIL STORAGE, GAS EXPLORATION, GAS SALES,
Online Access:	http://documents.worldbank.org/curated/en/2016/06/26436657/ethiopia-oil-gas-sector-development-support-review-update-policy-regulatory-framework-final-report https://hdl.handle.net/10986/24774
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