Djibouti: Hussain Sultan Lootah, Acting CEO of ENOC Group and Chairman of the Horizon Djibouti Terminals Limited (HDTL) Board, has successfully concluded a high-level strategic visit to Djibouti and Ethiopia. This visit emphasized ENOC Group's commitment to advancing crucial energy infrastructure projects throughout East Africa, fostering international collaboration for sustainable regional development and social impact.
According to Emirates News Agency, during his visit to Djibouti, Hussain Sultan Lootah met with Ismail Omar Guelleh, President of Djibouti. He praised the rapid infrastructure development in the country and engaged in discussions aimed at accelerating the expansion of essential storage infrastructure. Accompanied by executive management, including Fahad Askar, CEO of Horizon Terminals Limited (HTL), and Omar Kassou, General Manager of Horizon Djibouti Terminals Limited (HDTL), the Acting CEO also held discussions with Dr Yonis Ali Guedi, Djibouti's Minister of Energy, and other high-ranking officials. These meetings reaffirmed ENOC's support for Djibouti's economic growth through HDTL, in alignment with national priorities.
The discussions centered on high-value projects by HDTL, focusing on increasing storage capacity and developing energy sector infrastructure. In Addis Ababa, Ethiopia, ENOC Group's Acting CEO met key officials, including the Minister of Energy of Djibouti, Ethiopia's Minister of Finance, Chairman of the Ethiopian Petroleum Supply Enterprise Board (EPSE), President of Ethiopian Investment Holdings (EIH), EPSE Management, and CEO of Ethio-Djibouti Railways (EDR). A notable outcome was the establishment of a dedicated task force and a mechanism for rate determination, with stakeholders agreeing on regular meetings.
Hussain Sultan Lootah stated, "Leveraging ENOC Group and Horizon Djibouti Terminals Limited's established expertise in terminal operations across East Africa, this strategic visit reinforces ENOC Group's commitment to advancing vital energy infrastructure and fuel storage capabilities in the region. Our discussions in Djibouti and Addis Ababa focused on deepening ties to enhance regional logistics and promote economic growth."
An ENOC delegation also toured the AMG Holding plant, invited by the CEO of Ethio Djibouti Railways (EDR). This visit provided insights into rail-connected facility operations relevant to HDTL's rail loading project.