United Capital Group has expressed its interest to invest in Ethiopia’s natural gas exploration and development sector.
Takele Uma, Minister of Mines announced that discussion has been held with United Capital Group delegates led by Prince Abbas bin Ali bin Nayef of Jordan pertaining to investments in natural gas on Tuesday at the headquarter of Ministry of Mines.
Takele said that the Group has signaled its interest to invest natural gas exploration and development.
“We’ve agreed with delegates of the group to kick-off practical activities regarding the investment,” Takele said.
United Capital Group engages in natural gas exploration, development and other mining activities.