Africa Oil Sees Joint Pipeline as Only Option for Uganda, Kenya
- Export-route decision necessary to get industry off the ground
- Tanzanian pipeline isn't commercially viable, CEO Hill says
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East Africa’s race to export its first oil will eventually be a tie between neighbors Kenya and Uganda because both need to share a pipeline rather than compete for different routes, a producer in the region said.
“The only sensible route for the pipeline is a joint pipeline” running through both countries, Africa Oil Corp. Chief Executive Officer Keith Hill said by phone from Calgary. The company this week sold stakes in some East Africa assets to Maersk Oil & Gas A/S.