A selection of recent developments in the pipeline industry, courtesy of Global Pipeline Monthly
Article from: OGEL 4 (2006), in Pipelines
Uganda: Private sector to fund oil pipeline
THE UGANDAN government intends to invite the private sector to finance construction of the Kenya/Uganda petroleum pipeline, following delays in securing the required $8.1 million project equity for the pipeline, whose construction is expected to commence in April 2007, according to energy minister Simon D'Ujanga while appearing before MPs on the natural resources committee. Mr D'Ujanga said the government had also not secured its obligation for the pipeline project development, and said Kenya and Uganda must each contribute 24.5% of the 49% total project equity, totalling $16.2m. ...