Nipate

Forum => Kenya Discussion => Topic started by: RV Kirgit on September 13, 2020, 06:04:47 PM

Title: Museveni and Magufuli nail crude oil pipeline
Post by: RV Kirgit on September 13, 2020, 06:04:47 PM
NAIROBI (Reuters) - Tanzania and Uganda signed an agreement on Sunday paving the way for the construction of a crude oil pipeline running from Ugandan oilfields to the Tanzanian port of Tanga, a Tanzanian government spokesman said.

Uganda discovered oil reserves in 2006 and needs the planned 1,445-km (900-mile) East African Crude Oil Pipeline to be in place to start commercial production. The pipeline is estimated to cost $3.5 billion, according to the two governments.

https://www.reuters.com/article/us-uganda-tanzania-pipeline/uganda-tanzania-sign-agreement-for-construction-of-crude-oil-pipeline-idUSKBN2640EP
Title: Re: Museveni and Magufuli nail crude oil pipeline
Post by: RV Pundit on September 13, 2020, 06:17:44 PM
This is nonsense - they long agreed. What is pending FID btw them and Total.
Title: Re: Museveni and Magufuli nail crude oil pipeline
Post by: KenyanPlato on September 13, 2020, 11:15:51 PM
Is this oil even viable now? The prices have tanked recently?
Title: Re: Museveni and Magufuli nail crude oil pipeline
Post by: RV Pundit on September 14, 2020, 12:48:08 AM
Not with longest heated pipeline..not viable
Title: Re: Museveni and Magufuli nail crude oil pipeline
Post by: audacityofhope on September 15, 2020, 10:54:55 PM
This is nonsense - they long agreed. What is pending FID btw them and Total.
What is nonsense Pundit is that after the announcement of the UG/TZ deal, the Ouru's government cares less about health considerations when pitting against economic ones.

These people wamejiachilia huko kwao yet they will just walk in once they land at any of our ports???

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