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Uganda: Oil Pipeline Will Unlock Investments, Says Oil Expert

by allafrica.com posted 5months ago 59 views
[Monitor] Uganda's journey to commercial oil production has started with the three landmark agreements signed by Ugandan and Tanzanian governments as well as Total, a French oil company and China National Offshore Oil Corporation on April 11. These pave way for the construction of the $3.5b East African Crude oil Pipeline that will go through Uganda, ending up at Tanga Port in Tanzania. Prosper Magazine's Ismail Musa Ladu interviewed Mr James Muhindo, an oil and gas industry expert on the good, bad and ugly of the a.