Chief Administrator of the regional state, Abdi Mohammed, and Government Communication Affairs Office Minister, Ahmed Shide, and other senior government officials attended the launching ceremony.
Prime Minister Dr Abiy Ahmed yesterday said that the Chinese Poly-GCL Petroleum Investment Limited will start producing 450 barrels of crude oil in day as of June 28, 2018.
Regarding natural gas extraction, the Premier said construction of a pipeline will be started next September to export gas via Djibouti. The construction of the pipeline will take two years.
Ethiopia will earn 8 billion US dollars annually once it begins exporting gas with its full capacity, he said.
The agreement to explore natural gas was sign between Ethiopia and Poly-GCL in 2013