Uganda and Tanzania Sign $3.5bn oil Pipeline Deal
Tanzania and Uganda have signed an
agreement allowing for the construction of a 1,445 km (898 miles) crude oil
pipeline.
The $3.5bn (£2.7m) project will
connect Uganda's oil fields to Tanzania's port of Tanga.
The signing ceremony was attended by
the presidents of both countries.
Oil reserves were found in Uganda in
2006 but production has been delayed partly by a lack of infrastructure
including an export pipeline.
A start date for construction has not
yet been announced for what is set to become East Africa's first major oil
pipeline.
But there are warnings the project
could come at a huge cost to some Ugandan communities.
More than 12,000 families
risk losing their land and livelihoods, according
to a joint report by the International Federation for Human ...