Kenya acquires KSh5.6 billion stake in Uganda’s oil refinery

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Kenya acquires KSh5.6 billion stake in Uganda’s oil refinery

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A newly-erected oil rig on the shores of Lake Albert. Kenya has purchased a 2.5 per cent stake in the oil refinery as part of the country’s commitment to the regional integration process. FILE PHOTO 

By ALLAN ODHIAMBO & PUAL TAJUBA

Kampala. Kenya and Uganda have struck a deal in the establishment of oil refinery with the latter agreeing to acquire a 2.5 per cent stake in the refinery for an estimated KSh5.6 billion (about Shs177 billion).READ MORE

 

Kenya acquires KSh5.6 billion stake in Uganda’s oil refinery Reviewed by on February 9, 2015 .

A newly-erected oil rig on the shores of Lake Albert. Kenya has purchased a 2.5 per cent stake in the oil refinery as part of the country’s commitment to the regional integration process. FILE PHOTO  By ALLAN ODHIAMBO & PUAL TAJUBA Kampala. Kenya and Uganda have struck a deal in the establishment of oil refinery with the

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