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Vitol backs energy hub at Tanga port with governments of Tanzania, Uganda
The governments of Tanzania and Uganda on Thursday signed a nonbinding agreement with the Bahrain unit of global commodities trader Vitol to develop a regional energy hub at the Port of Tanga, Tanzania. It was not clear what would eventually be built at Tanga and at what cost, although Tanzania's government said potential investments in new infrastructure, such as storage facilities, could top $20-billion.
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africa.businessinsider.com
Tanzania and Uganda join forces to build East Africa’s next energy hub in a move that could reshape regional fuel trade
Tanzania and Uganda have signed a deal with Vitol Bahrain to develop Tanga into a regional energy hub, strengthening East Africa’s oil infrastructure, fuel trade and cross-border…
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thecitizen.co.tz
Tanzania, Uganda seek to attract over $20 billion energy investment
Tanzania and Uganda are implementing joint crude oil pipeline project which is estimated to have reached 91 percent so far. The East African Crude Oil Pipeline (EACOP) which…
