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Tanzania Estimates 8% Stake in Uganda Oil Refinery Would Cost $150.4 Million and is Ready to Invest

  • 11 Jul 2016
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Tanzania has confirmed it is looking to owning about 8 percent stake or more in Uganda’s proposed 60,000 barrels per day refinery project. On addition to the Crude Oil Export Pipeline, proposed to run from Uganda Oil-rich Albertine graben to Tanzanian Northeastern Port of Tanga, the deal positions Tanzania as the leading regional partner in

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