Uganda and Tanzania have signed an agreement to explore the possibility of building a crude oil pipeline between the two countries, Uganda’s Ministry of Energy and Mineral Development said on Monday.
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‘The (agreement) creates a working framework for the potential development of a crude export pipeline from Hoima to Tanga Port of Tanzania,’ the ministry said in a statement. ‘The objective is to select a route that will result in the lowest unit transportation cost that constitutes the most viable option for the crude export pipeline,’ it said.
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