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Uganda set to ship out its early oil through Mombasa - 11 months ago, 12 Mar 06:54

By: Neville Otuki

Kenya has won a major diplomatic battle against neighbouring Tanzania after Uganda announced it would ship out its early crude oil exports through Mombasa port. The decision puts Uganda on course to becoming the first East African nation to export crude oil and marks a big diplomatic win for Nairobi, which has been feeling lonely after Uganda opted to team up with Tanzania in the construction of a pipeline to export its oil. The Uganda National Oil Company (Unoc) in January invited bids from freight operators to haul its initial consignments of crude oil that was produced during well testing of the Albertine Graben oilfields. “The Unoc intends to dispose of 45,211 barrels of test crude in the Albertine Graben,” the State-owned company said in a notice that requires investors to issue a bid security of $10,000 (Sh1 million). The bidding window closed on Friday and will be followed by ...
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