Kenya and Uganda have invited private investors to build and operate a petroleum pipeline between the two countries
The two countries have jointly taken the decision in the wake of several oil discoveries in the East Africa region.
A Reuters report claimed that the new pipeline will span 352km from Eldoret in Kenya to the Ugandan capital Kampala and was expected to cost US$300mn.
The governments of the two countries jointly invited bids from private companies to become the investment partner for the project.
A joint statement from both the governments said, “The pipeline will interconnect with the existing 14 inch diameter pipeline running from Nairobi to Eldoret and should be able to transport products to and from Kampala in Uganda and Eldoret in Kenya.
“The project will also include a common user depot at the pipeline terminal in Kampala.”
Uganda currently transports all petroleum products overland, with shipping taking place via the Kenyan port of Mombasa. The project was expected to ensure a more stable and efficient method of transporting fuel.
