China invites Uganda energy minister for talks on crude pipeline project financing
The East African Crude Oil Pipeline (Eacop) will run from the oilfields in landlocked Uganda's west and terminate at Tanga port on Tanzania's Indian Ocean coast. PHOTO | SHUTTERSTOCK
China has invited Uganda's Energy minister to Beijing to discuss the country's $5 billion crude oil pipeline, Uganda's presidency said on Friday.
The development could signal a possible breakthrough in Uganda's efforts to woo Chinese financiers to fund the pipeline, which the country requires to start crude production from oilfields that were discovered in 2006.