• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 20 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days Does Toyota Know Something That We Don’t?
  • 5 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 2 days World could get rid of Putin and Russia but nobody is bold enough
  • 21 hours America should go after China but it should be done in a wise way.
  • 5 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 4 days China is using Chinese Names of Cities on their Border with Russia.
  • 5 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 4 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 10 days huge-deposit-of-natural-hydrogen-gas-detected-deep-in-albanian-mine
  • 5 days Putin and Xi Bet on the Global South
  • 5 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 6 days United States LNG Exports Reach Third Place
  • 6 days Biden's $2 trillion Plan for Insfrastructure and Jobs
Israel-Hezbollah Tensions Flare Up

Israel-Hezbollah Tensions Flare Up

Cross-border missile exchanges between Israel…

The Oil Market Is Tightening to 2016 Levels

The Oil Market Is Tightening to 2016 Levels

The IEA has revealed that…

Ethiopia's Millennium Dam Not to Negatively Impact Egypt, Sudan

Ethiopian Minister of Water and Energy Alemayehu Tajno says that the country’s proposed Millennium Dam will not harm Egypt or Sudan

Speaking to journalists on cooperation between Egypt and Ethiopia in the fields of water and energy Tajno said, "A memorandum of understanding has been signed for building the capabilities in various fields, including the infrastructure, management of the water resources, and designing the irrigation networks. It has also been agreed to continue cooperation to build the capabilities in the field of energy."
 
When queried about the possible impact of the Millennium Dam and the possibility that it could alter sharing the Nile’s river flow with Egypt and Sudan Tanjo observed, "We would never implement a project that would harm any of our neighbors. The Millennium Dam will benefit Egypt and Sudan because it will curb soil erosion and manage the flow of water throughout the year whether during the flooding or draught seasons, and it will not have an impact on the water shares of Egypt and Sudan.

We believe in the fair distribution of resources from the upstream states to the two downstream states, and we adopt the strategy of partnership and the exchange of benefits. In Egypt and Sudan we have brothers with whom we want to work and cooperate, and this dam is not for the benefit of Ethiopia alone," London’s al-Hayah Arabic newspaper reported.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News