Ethiopia will begin extracting oil and natural gas soon. This news made Ethiopians to except bright future for the country and raised expectations. At this juncture, it is relevant to take a closer look at what the law says about oil extraction and exploration.
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Ethiopia to start extracting crude oil from the Ethio-Somali region soon. Poly-GCL, a Chinese company engaged in oil and gas exploration in the Ethio-Somali Regional State, has already discovered oil and natural gas deposits.
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| Currency (Code) | Buying Rate | Selling Rate |
|---|---|---|
 US Dollar(USD) | 57.4895 | 58.6393 |
 Euro(EUR) | 62.3359 | 63.5826 |
 Pound Sterling(GBP) | 70.6759 | 72.0894 |
 UAE Dirham(AED) | 14.1646 | 14.4479 |
 Saudi Riyal(SAR) | 13.8682 | 14.1456 |
