The headquarters of Libya Oil Ethiopia Ltd, located on Aba Sebsib Avenue (Debre Zeit Road) in Gotera.
Oil Libya Ltd was ordered last week to pay 210 million Br in back taxes for the purchase of shares from Shell Ethiopia Ltd, to the Ethiopian Revenues and Customs Authority (ERCA).
Shell Ethiopia, which was established pursuant to the United Kingdom (UK) Companies Act, was engaged in the distribution of petroleum products in Ethiopia since 1948. Shell Petroleum, a London based company, was the major shareholder with 587,813 of the companys total 587,817 shares.