Tanzania and Uganda sign deal on $3.5 billion crude pipeline

Tanzania and Uganda sign deal on $3.5 billion crude pipeline

Tanzania and Uganda sign deal on $3.5 billion crude pipeline

Tanzania and Uganda signed an agreement on Sunday, September 13 to commence construction on a 1,445-kilometre oil pipeline through East Africa.

The project focuses on oilfields in landlocked Uganda discovered in 2006 and proposes pumping the crude to the coast via a pipeline across Tanzania at an estimated cost of $3.5 billion.

For more information, please see https://www.theeastafrican.co.ke/tea/business/magufuli-museveni-sign-deal-on-usd3-5bn-crude-pipeline–1938534

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