French supermajor Total has finalised an agreement with the government of Uganda to pave the way for a final investment decision by the end of this year for a key pipeline to serve planned huge oilfield developments in the land-locked East African nation.
The deal with the Kampala administration covers construction of the the East Africa Crude Oil Pipeline (EACOP), designed to produce 230,000 barrels per day from the Albertine Graben once the long-delayed project is finally up and running.
