South Sudanese soldiers stand during President Salva Kiir's visit to an oil refinery in Melut, Upper Nile State, on November 20, 2012. PHOTO | HANNAH MCNEISH | AFP
Ethiopia will soon start importing cheaper refined oil from South Sudan to substitute the more expensive product from the Middle East.
Koang Tutlam, Ethiopia's State minister for Mines and Petroleum, announced on Wednesday that this will save Addis Ababa 15 per cent to 20 per cent on the $3.4 billion it spends importing close to four million tonnes of refined products.
