Until the new port terminals are up and running, the one in Doraleh, fully operational since 2008, will continue handling all the activity. Africa’s fifth-busiest container port, in terms of traffic by December 2015, when its capacity will have risen to three million containers surpassing Port Said (Egypt), Durban (South Africa), Tangiers (Morocco) and Damietta (Egypt).
Making the most of Djibouti’s location near its major oil-producing neighbours, the government is also conducting talks to build a $600-million refinery that will allow it to import crude from Gulf States and South Sudan (by pipeline) and sell finished products in East Africa. The nearly $3-billion Damerjog gas terminal (including a liquefaction plant) will be able to export 10 million cubic meters of Ethiopian gas to China every year starting in 2015. An oil terminal and pipeline intended to export South Sudan’s (currently 500,000 barrels a day) and Ethiopia’s crude is also planned.
Since the partition of Sudan, Djibouti has been in a good position to become the outlet to the sea of the new country of South Sudan, which in February 2012 signed a tripartite cooperation protocol agreement with Ethiopia and Djibouti for the development of infrastructure connecting the three countries (telecoms, roads, a railway, a pipeline, etc.). On the 28 th September 2012, South Sudan, Ethiopia and Djibouti signed a tripartite treaty for the construction of the SSED Pipeline in Addis Ababa.
In 2005 an oil port was built that delivers over three million cubic meters of fuel a year to Djibouti and its neighbours, at the rate of 200 lorries a day. It is the sole supplier to Ethiopia. A third expansion stage is under way that will boost capacity by one-third, making
Djibouti the third-biggest of ENOC’S 10 oil terminals worldwide (after the Emirates and Singapore) and the largest in Africa, ahead of Tangiers, (Morocco) and Beira (Mozambique).
The $67-million equity investment confirms Djibouti’s appeal.