ENERGY

There are not yet upstream production activities in Djibouti, although Chevron is engaged in exploration. Reserves of gas have been reported but estimates have yet to be made on the amount available. Downstream operations consist of refueling and storage at the port and re-export into Ethiopia.
Djibouti has an oil-fired installed electric generating capacity of 85 megawatts, but is hoping that the natural gas reserves will be enough to make it energy self-sufficient. A $115 million geothermal plant may be built if a feasibility study produces positive findings. The plant would add an additional 100 MW generating capacity by 2015. The Global Environmental Facility, a joint initiative of the World Bank and United Nations is financing the drilling of assessment wells for the plant, which would be tendered on a build-own-operate (BOO) basis.


INDUSTRY AND MANUFACTURING
Refueling activities at the port of Djibouti are handled by three oil majors: TotalFinalElf, ExxonMobil, and Shell. These three companies along with ChevronTexaco also market and distribute petroleum products in Djibouti.
Initial exploration surveys indicate potential copper, gypsum and sulfur resources. US mining firm Seven Star is engaged in surface exploration for mineral wealth. A cement factory that would utilize limestone gypsum is being planned.
Currently, manufacturing activities contribute just five percent to GDP, the sector limited to small-scale operations like tanning, dairy and animal food plants. Manufacturing is considered a growth sector, however, with recent contracts handed out for facilities to produce cement, tiles, paints, and meat processing.