Name: CRUDE OIL PIPELINE: Will oil be used as collateral?
Uploaded: 2021-11-29T18:22:36Z
Description: The law to enable operationalisation of the East African Oil Pipeline Company and the surrounding agreements is scheduled for tabling in parliament. Civil society is however opposed to a provision they say may use the crude oil being transported as collateral for the project acquisition of funding. However government has dismissed this assertion.

Mon Nov 29, 2021

CRUDE OIL PIPELINE: Will oil be used as collateral?

The law to enable operationalisation of the East African Oil Pipeline Company and the surrounding agreements is scheduled for tabling in parliament. Civil society is however opposed to a provision they say may use the crude oil being transported as collateral for the project acquisition of funding. However government has dismissed this assertion.