Ethiopian Investment Holdings (EIH) has requested a 10-hectare plot in Djibouti's Damerjog Industrial Park to build a fuel storage depot. The first phase targets 150,000 cubic meters capacity to strengthen regional energy logistics.
Ethiopian Investment Holdings (EIH) formally requested a 10-hectare plot in the Djibouti Damerjog Industrial Park (DDIP) to build a 150,000 cubic meter fuel storage depot in its first phase. This marks a strategic move into Djibouti’s energy corridor, unveiled at a high-level meeting at the Red Sea World, where Djibouti Ports and Free Zones Authority Chairman Abubaker Omar Hadi met EIH Deputy CEO Meleket Sahlu. The proposed site lies near the park’s main manifold and the Ethio-Djibouti railway, facilitating fuel transfer from tankers to rail for distribution into Ethiopia. The project addresses Ethiopia's need to diversify logistics amid full capacity at the Horizon Terminals, limited to 5 million tonnes, while Djibouti’s Damerjog Liquid Bulk Port offers 25 million tonnes annual capacity with advanced infrastructure. Hadi urged EIH to pursue the opportunity, stressing fuel reserves' role in national security during the Gulf crisis. Overall, it supports turning the Djibouti-Ethiopia corridor into a major energy hub akin to Fujairah, aiding Ethiopia’s energy self-reliance and cutting vessel delay costs.
