Refinery Build Slow Down Because of Funding
OilMoz Lda, founded by Leonardo Simao, Mozambique's former foreign Minister was to build an $8 billion refinery capable of delivering 350,000 barrels of oil per day upon completion in 2014. Other essential statistics of this build include:-
- 15,000 workers during construction
- 2,000 workers upon completion
- Only refinery in Mozambique. The previous refinery shut down in 1974. This will give it a tremendous opportunity to export oil to other nations in the Southern African Development Community (SADCC), which are generally energy hungry.
Somaliland
Somaliland is the breakaway semi-autonomous country carved out of Somalia in 1991.
The president, Dahir Rayale Kahin, seems to cozy up to Americans and is actually thinking of making good of some of the oil concessions that US oil companies have held since 1980.
This will be another story to watch.
Uganda
I am currently investigating the facts that Uganda will choose to transport its oil from Lake Albert by train in place of by pipeline. I am not sure why but it might have to do with the Kenyan Pipeline Authority. More on this later.

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