- Dangote Industries, GCL signed $4.2 billion, 25-year gas supply agreement for Ethiopia fertilizer megaproject.
- Gas to supply 3 million tonnes/year urea plant valued at $2.5 billion, operational target 2029.
- Project structured 60:40 between Dangote Group and Ethiopian Investment Holdings (EIH).
- Gas sourced from Calub field, transported via 108-km pipeline to Gode, Somali Region.
- Plant to fully replace Ethiopia’s current urea imports and supply regional export markets.
- GCL has operated in Ethiopia for over 20 years across oil, gas, and LNG infrastructure projects.
- Project integrates upstream gas, midstream pipeline, downstream fertilizer in single value chain.
why it matters?
A $4.2B, 3-million-tonne project can eliminate Ethiopia’s fertilizer imports, reduce FX demand, and build a domestic energy-to-fertilizer industrial chain by 2029.