Ethiopia: Nile Petroleum agrees to pay 650m Br late debt

01 March 2017, Addis Ababa – Nile Petroleum Corporation, the Sudanese-owned oil company operating in Ethiopia, has reached an agreement with the Ethiopian Government to repay a debt of over a half a billion Br. The debt was accrued with the Ethiopian Petroleum Supply Enterprise (EPSE). The company, which moved into the Ethiopian market in 2007, […] More »