Foreign

Uganda to build oil pipeline through Tanzania

Johannesburg – Uganda will build a pipeline to transport its oil through Tanzania, rejecting the possibility of another route through Kenya, the newspaper Saturday Monitor reported.

President Yoweri Museveni announced the decision at an East African summit in Kampala on Saturday.http://ghanapoliticsonline.com

The president said the 1,400-kilometre pipeline would pass from Hoima in western Uganda to the Tanzanian port of Tanga.

The 4-billion-dollar project will be funded by the French oil giant Total, which has been licensed to operate in Uganda together withBritain’s Tullow Oil and China National Offshore Oil Corporation, Saturday Monitor reported.

The project will be the first major oil pipeline in eastern Africa. Uganda’s oil reserves are estimated at about 6.5 billion barrels.
http://ghanapoliticsonline.com
Kenya plans to build its own pipeline from Lokichar in the north-west, where oil has also been discovered, to the island of Lamu, Museveni said.

– Africa News Agency

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