Uganda, Tanzania, oil firms sign accords to build Sh371.7b pipeline

Ugandan President Yoweri Museveni and Tanzania’s Samia Suluhu Hassan

Uganda, Tanzania and oil firms Total and CNOOC on Sunday signed agreements that will kickstart the construction of a Sh371.7 billion ($3.5 billion) crude pipeline to help ship crude from fields in western Uganda to international markets.

France’s Total and China’s CNOOC own Uganda’s oilfields after Britain’s Tullow exited the country last year.