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Uganda says oil investors requesting for higher pay

Uganda President Yoweri Museveni.Uganda says crude oil investors want a higher tariff than originally agreed. [Photo: Courtesy]

KAMPALA - Uganda said on Wednesday investors in its planned crude oil pipeline want a higher tariff than originally agreed, raising doubts over its targeted date for production to start.

In 2016 landlocked Uganda picked a route through Tanzania to the country’s Indian Ocean port of Tanga for the pipeline to transport crude reserves from fields in its west near the border with Democratic Republic of Congo.

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