Talks over Uganda-Tanzania crude oil pipeline deal to start soon

Talks over Uganda-Tanzania crude oil pipeline deal to start soon

Talks over Uganda-Tanzania crude oil pipeline deal to start soon

Negotiations for a Host Government Agreement (HGA) for the East African Crude Oil Pipe-line (EACOP) project will start soon.

This follows completion of Total Oil’s acquisition of 33.334 percent of Tullow Oil’s stake thus paving the way for the French oil giant to own a 66.7 percent of upstream stake in the project.

For more information, please see https://www.monitor.co.ug/News/National/Talks-over-Uganda-Tanzania-crude-oil-pipeline-deal-to-start-soon/688334-5582882-ockfvdz/index.html

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