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Uganda, Tanzania, oil firms sign accords to build USD3.5 billion pipeline


12 Apr 2021

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Uganda, Tanzania and oil firms Total and CNOOC have signed agreements that will kickstart the construction of a $3.5 billion crude pipeline to help ship crude from fields in western Uganda to international markets.

France’s Total and China’s CNOOC own Uganda’s oilfields after Britain’s Tullow exited the country last year.

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Source: Reuters





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