Museveni and Magufuli nail crude oil pipeline

[RV Kirgit]

• Tweet

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

[RV Pundit]

This is nonsense - they long agreed. What is pending FID btw them and Total.

[KenyanPlato]

Is this oil even viable now? The prices have tanked recently?

[RV Pundit]

Not with longest heated pipeline..not viable

[audacityofhope]

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???

KENYA NOW includes Tanzania among 147 countries whose nationals are exempt from 14-day mandatory quarantine upon arrival into the country. pic.twitter.com/JmcicVhYco

— Nation Breaking News (@NationBreaking) September 15, 2020

?s=20