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Increasing international Interest in Djibouti geothermal development

Increasing international Interest in Djibouti geothermal development

There are an increasing number of news on various countries interested on a cooperation with the East African country of Djibouti for geothermal development in the country.

Icelandic players have in the past worked on a project in the country, and there are now news on Turkey and Japan recently having offered a cooperation.

There is also talk about Chinese Sinopec being interested in larger scale geothermal development in the country. The company signed a “Geothermal Resource Cooperation Framework Agreement” with Djibouti in 2012.

With a U.S. and French military presence in the country, it is clearly a politically and strategically important location with large energy needs.