28.01.2009 - Sovereign investment offered for Ugandan oil pipeline

From FT: Asian and Middle East backers have offered to fund and build a 1,300km pipeline needed by Tullow Oil and Heritage Oil to exploit a large Ugandan oil find, according to the finance director of Heritage. Shares in London-listed Heritage and in Tullow, its FTSE 100 partner in developing the Albert basin oilfield in Uganda, have risen in recent months on excitement about the discoveries. .... Full Article: Source

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