News
15 January 2024

Financing uncertainties loom over East African Crude Oil Pipeline Project

In:
Oil & gas
Region:
Middle East & Africa

Developers of the East African Crude Oil Pipeline (Eacop), set to transport crude from Western Uganda to Tanzania’s port of Tanga for export, are still facing challenges in securing the necessary financing from Chinese lenders.The project, with $2 billion raised from shareholders, seeks an...

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