The Ethiopian government is to enter into negotiations with oil producing countries to import petcoke for distribution to cement factories to reduce spending foreign currency on heavy fuel oil (HFO), sources disclosed to Fortune.
As an alternative source of energy, all cement factories were instructed by the Ministry of Industry (MoI) four months ago to start using petcoke as of June 7, 2011, sources said.
The instruction was met with appeals by cement factories requesting support from the MoI for acquiring sufficient petcoke stocks in the event of shortages.
In response, the Ethiopian Petroleum Enterprise (EPE) started making enquiries with petcoke producers which are situated in geographic proximity and are able to facilitate the imports.
Sudanese Petroleum Corp (SPC) and Kuwait Petroleum Corp (KPC) were asked whether they are able to supply the product. The Iranian Embassy was also asked by the EPE for a list of petcoke producers in the country.