Total and CNOOC ready for Ugandan crude exports via pipeline to Tanzania

Aframaxes are set to haul crude from landlocked Uganda following news of a major pipeline construction across East Africa. France’s Total and China’s state controlled CNOOC, in tandem with the Ugandan and Tanzanian governments, will invest $3.5bn on a 1,445 km pipeline running from western Uganda’s oil fields to the Tanzanian port of Tanga. “Aframax …

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