Uganda refinery too costly, likely to lower value of regional pipeline - CPI
UK-based think tank Climate Policy Initiative said the complexity required to refine Uganda’s waxy oil means capital costs for the Kabaale refinery are very high. PHOTO | FILE
Uganda’s decision to build a refinery has been discouraged on the basis that the facility is not only an expensive venture but also lowers the value of the East African Crude Oil Pipeline (EACOP).
This is according to a report by UK-based think tank Climate Policy Initiative (CPI).
