Uganda to Become Africa’s Newest Oil Exporting Country With Inauguration of New Chinese-operated Drilling in Lake Albert

Ugandan President Yoweri Museveni’s long-held ambition to export oil via the controversial East Africa Crude Oil Pipeline (EACOP) will move closer to reality on Tuesday when he commissions the country’s first new drilling site in Lake Albert.

The President will inaugurate the Kingfisher drilling rig operated by the Chinese state-owned oil services giant CNOOC.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

The post Uganda to Become Africa’s Newest Oil Exporting Country With Inauguration of New Chinese-operated Drilling in Lake Albert <div class="cap-padlock">
<svg
version="1.1"
xml:space="preserve"
viewBox="0 0 735 980"
>
<defs
/><g
transform="translate(-132.5,-10)"><g
><g
><g
><path fill="#c5c5c5"
d="M 745,412.9 V 255 C 745,119.9 635.1,10 500,10 364.9,10 255,119.9 255,255 V 412.9 H 377.5 V 255 c 0,-67.6 54.9,-122.5 122.5,-122.5 67.5,0 122.5,54.9 122.5,122.5 v 157.9 z"
/><path fill="#c5c5c5"
d="m 132.5,561.2 v 306.3 c 0,67.7 54.9,122.5 122.5,122.5 h 490 c 67.6,0 122.5,-54.9 122.5,-122.5 V 561.2 C 867.5,493.5 812.6,438.7 745,438.7 H 255 c -67.6,0 -122.5,54.9 -122.5,122.5 z M 500,622.5 c 33.8,0 61.2,27.4 61.2,61.2 0,22.4 -12.6,41.2 -30.6,51.9 v 101.3 c 0,16.9 -13.7,30.6 -30.6,30.6 -16.9,0 -30.6,-13.7 -30.6,-30.6 V 735.6 c -18,-10.6 -30.6,-29.4 -30.6,-51.9 0,-33.8 27.4,-61.2 61.2,-61.2 z"
/></g></g></g></g></svg>
</div>
appeared first on The China Global South Project.



source https://chinaglobalsouth.com/2023/01/24/uganda-to-become-africas-newest-oil-exporting-country-with-inauguration-of-new-chinese-operated-drilling-in-lake-albert/

Comments

Popular posts from this blog

DR Congo Receives First Shipment of Chinese COVID Vaccines

WEEK IN REVIEW: The G77 Bloc of Countries Together With China To Propose a New “Loss and Damage” Fund at the COP27 Summit

WEEK IN REVIEW: Brazil Warns That Mercosur in Jeopardy if Uruguay Signs a Free Trade Agreement With China