Title: Japanese company to construct 2,000 kilometers of pipeline to export S
Author: SudaneseOnline News
Date: 09-18-2013, 04:45 PM
Japanese company to construct 2,000 kilometers of pipeline to export South Sudan and Uganda oil
Khartoum-Toyota Tsusho East Africa Ltd, a Japanese company has revealed that it will set to lay down 2,000 kilometers of pipeline for oil exports from South Sudan and Uganda via Kenya.
The Japanese news agency reported last week that Hiroshi Suzuki, President of Toyota Tsusho East Africa Ltd, had said his company, Uganda, South Sudan and Kenya "possibly" within this year will create a joint company to construct and maintain the oil pipeline.
Last year the Presidents of Kenya, South Sudan and Ethiopia met in Mombasa to launch construction of a port and a pipeline at a total cost of US$16 billion. Uganda's President Yoweri Museveni did not attend the meeting. The project of Toyota Tsusho aims to connect the South Sudan-Kenya pipeline with another from western Uganda. Once completed, the pipeline will enable South Sudan to transport its oil through the Kenyan part of Lamu instead of the Red Sea in Sudan.
Uganda's oil production is expected to begin around 2017. Hiroshi Suzuki, President of Toyota Tsusho East Africa Ltd said the company needs US$ 5 billion to invest in the project.