Hussain Lootah, Acting CEO of Enoc Group and Chairman of the Horizon Djibouti Terminals (HDTL) Board, has concluded a high-level strategic visit to Djibouti and Ethiopia.
This high-level visit
underscored Enoc Group’s commitment to advancing critical energy infrastructure projects
across East Africa and fostering international collaboration for sustainable
regional development and social impact.
During his visit to
Djibouti, Lootah met with Ismail Omar Guelleh, President of Djibouti, where he
commended the rapid pace of infrastructure development in the country and held
discussions focused on accelerating the expansion of critical storage
infrastructure.
The Acting CEO was
accompanied by members of the executive management, including Fahad Askar, CEO
of Horizon Terminals (HTL) and Omar Kassou, General Manager of Horizon Djibouti
Terminals (HDTL),
The Acting Chief
Executive Officer of Enoc Group also held discussions with Dr Yonis Ali Guedi, Minister of Energy
of Djibouti, and high-ranking government officials.
During these meetings, Lootah reaffirmed Enoc’s unwavering support for the East African
country’s economic growth through HDTL, aligning with national priorities.
Discussions also
centred on HDTL’s high-value projects, including increasing storage capacity
and developing energy sector infrastructure projects.
In Addis Ababa,
Ethiopia, Enoc Group’s Acting CEO met with the Minister of Energy of Djibouti, the
Minister of Finance of Ethiopia, 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 key outcome of the
meeting was the establishment of a dedicated task force and the adoption of a
mechanism for rate determination. Stakeholders at the meeting agreed that the
task force must convene on a regular basis.
Lootah said: “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. These discussions reaffirm Enoc Group’s dedication to contributing positively
to the communities we operate in and reflect our growing role in driving social
impact and sustainable development at the global level."
An Enoc delegation also
visited the AMG Holding (Affiliated Managers Group) plant on the invitation of
the CEO of Ethio Djibouti Railways (EDR).
The informative tour
provided insights into rail-connected facility operations relevant to HDTL’s
rail loading project. -TradeArabia News Service
