Intro;
Uganda has signed the final investment decision to kick start the country's Oil and gas projects.
The agreement signed with Tanzania, and the joint venture partners, China's CNOOC and French firm - Total Energies, marks the beginning of the development and construction phase, and subsequently commercial production of Uganda's oil and gas resources.
The oil companies have committed to invest more than 10 billion dollars in the projects in the next three years.
Michael Baleke reports from Kampala;
IN: Uganda is poised...
OUT: SOC
DUR: 00.57secs
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