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East Africa: Uganda, Tanzania Sign Pipeline Deal - AllAfrica.com

The remaining 30 per cent capital, according to sources in Uganda's Energy ministry, will be raised through equity by the JV partners and national oil companies of the two countries – Tanzania Petroleum Development Corporation (TPDC) and Uganda ...and more »

East Africa: Uganda, Tanzania Oil Pipeline Deal Unlocks More Funding Options - AllAfrica.com

The pipeline that will take crude oil from Uganda to export markets has moved closer to financial closure after the waiver of taxes on the product by Tanzania paved the way for the signing of a bilateral agreement between the two countries. Ministers ...and more »

East Africa: Museveni, Magufuli Sign Deal - AllAfrica.com

President Museveni and Tanzania's John Pombe Magufuli at the weekend signed a pact, which, among other things, waives taxes on materials to be used in the construction of the crude oil pipeline from Hoima district to Tanga port. The signing reflects ...and more »

East Africa: How Tanzania, Uganda Plan to Finance Pipeline - AllAfrica.com

Kampala — Uganda, Tanzania and joint venture (JV) partners Tullow Oil Uganda, Total E&P and Cnooc will be turning to international lenders to raise 70 per cent of $3.5 billion (Sh7.7 trillion) capital expenditure for construction of the proposed crude ...and more »