News
03 October 2025

GCL to build Ethiopia’s first oil refinery in $2.5bn deal

In:
Oil & gas
Region:
Middle East & Africa

China’s Golden Concord Group (GCL) has started construction of a $2.5 billion refinery project in Ethiopia, marking the country’s first such facility. The Gode refinery, backed by an agreement with the Ethiopian government, will have an annual capacity of 3.5 million metric tonnes...

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