QATAR Petroleum International (QPI) invests in Djibouti … 60MW wind power plant

DOHA: Qatar Petroleum International (QPI) has signed a Memorandum of Understanding (MoU) with Electricity of Djibouti to jointly evaluate to develop a potential 60MW wind power plant in the Republic of Djibouti. This Strategic agreement was the result of an official Qatari delegation visit to Djibouti which took place earlier this year after meetings between the Emir H H Sheikh Hamad bin Khalifa Al Thani and President of Djibouti  Ismail Omar Guelleh during the Climate Change Conference that took place in Doha in November 2012.

The November discussion was followed by a number of meetings between HE Dr Mohammed bin Saleh Al Sada, the Minister of Energy and Industry and the Republic of Djibouti’s Ambassador in Doha,  Moumin Hassen Barreh.

The MoU was signed on Thursday in Doha. Nasser Al Jaidah, Chief Executive Officer of QPI, and Djama Ali Guelleh, General Manager, Electricity of Djibouti signed the MoU on behalf of the respective parties. The ceremony was also attended by the Moumin Hassen Barreh,

Ambassador of Djibouti.

Nasser Al Jaidah commented on the occasion:  “This MoU is a further milestone in the implementation of QPI’s strategy to develop actively its presence abroad and especially in Africa.” He also welcomed the opportunity to reinforce relationships between Qatar and the Republic of Djibouti.

Djama Ali Guelleh said the partnership will bring added value to the development of Djibouti’s Power resources. This new agreement is a clear milestone that will open a new era of cooperation between Djibouti and Qatar.

Electricity of Djibouti is a public-owned industrial and commercial establishment created to provide electricity in the republic of Djibouti. Electricity of Djibouti handles the public service of the electricity on the whole territory in the Republic of Djibouti.  It focuses on renewable energy projects that have the potential to offer sustainable long-term returns via various methods of renewable energy production.

Source: The Peninsula

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