Tag: atogs

Tanzania, Uganda sign deal on $3.5bn oil pipeline

Tanzania and Uganda have signed an agreement allowing for the construction of a 1,445 km crude oil pipeline during a ceremony attended by the presidents of both countries. The $3.5billion project will connect Uganda's oil fields to Tanzania's port of Tanga. CNBC Africa spoke with Abdulsamad Abdulrahim, Co-founder and Chairman of the Association of Tanzania Oil & Gas (ATOGS) for more.