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Added: 11 months 6 days ago
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Uganda and Tanzania receive designs for 1,450km Hoima-Tanga pipeline
The governments of Uganda and Tanzania have jointly received the front-end engineering design for the planned 1,450km Hoima-Tanga oil pipeline, whose construction is targeted for this year.

The governments of Uganda and Tanzania have jointly received the front-end engineering design for the planned 1,450km Hoima-Tanga oil pipeline, whose construction is targeted for this year.

The conclusion of the design stage implies that the financial closure of the $3.55 billion East African crude oil pipeline can now commence and it is intended for conclusion with leading financiers by August this year.