Uganda’s $5 bln EACOP pipeline faces difficult debt talks

Oil Pipeline under construction Cape town, October 25 — Partners developing the $5 billion East African Crude Oil Pipeline (EACOP) are injecting more cash into the project to prevent it stalling as debt financing proves elusive. Minister Ruth Nankabirwa recently travelled to Beijing to meet with potential Chinese funders seen as crucial … Continue reading Uganda’s $5 bln EACOP pipeline faces difficult debt talks