Tullow Oil sees opportunity cost if Kenya-Uganda pipeline plan fails
March 30, 2016 | East Africa, Pipelines
London, UK | – Tullow Oil Plc, which has discoveries in Uganda and Kenya, sees an opportunity cost if the two countries don’t collaborate on a pipeline to ship their crude to the Indian Ocean, a company official said. Landlocked Uganda is deciding on whether the pipeline will traverse northern Kenya’s desert to a proposed port at Lamu, or south past Lake Victoria to Tanga on Tanzania’s coast. While Tullow, which discovered Uganda’s oil, has a seat at the talks, the pipeline decision is “above …