Tanzanian President John Magufuli and Ugandan President Yoweri Museveni in front of the project board for the construction of the East Africa Crude Oil Pipeline in Mutukula, Uganda. Plans to build a pipeline to Tanzania’s coast suffered a double blow this week. PHOTO | AFP
Ugandans’ wait to join the league of oil exporting countries looks set to last longer after plans to build a pipeline to Tanzania’s coast suffered a double blow this week.
French firm Total E & P announced on Wednesday it was suspending all work related to the building of the East African Crude Oil Pipeline (EACOP), days after British firm Tullow had announced a collapse of negotiations for sale of some of some of its shares to Total and the Chinese National Offshore Oil Company (CNOOC).
