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Vol 49 No 14

Published 4th July 2008


The competition heats up

As oil exploration continues apace on Lake Albert, Uganda and Congo threaten to make business difficult for foreign companies

Companies drilling on the Ugandan side of Lake Albert, which straddles the border with Congo-Kinshasa, had a rude shock in mid-June when President Yoweri Museveni announced that Uganda would cease exporting crude oil and would oblige oil companies to refine their product domestically.

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