Uganda leading pipeline race
The country's oil-export pipeline will make progress. Tanzania's LNG plans probably won’t
Construction of a $3.55bn pipeline to take up to 200,000 barrels a day of oil 1,445km from the Albertine Basin of landlocked Uganda to the Tanzanian coast will be in full tilt in 2018. Oil should flow by 2020—at last giving an outlet to 1.7bn of recoverable reserves, the first of which were found more than a decade ago. Total, Cnooc and Tullow Oil are the main players in Uganda. Others may drill soon following a drawn-out licensing round for acreage relinquished by those three. Australia's Armour Energy was the first to sign a new exploration deal in 2017. Neighbouring Kenya lost out to Tanzania in a battle to play host to and share the Ugandan oil pipeline and must now go its own way. Expec
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