{UAH} China's Cnooc Sees First Ugandan Crude Oil Output in 2018

China's Cnooc Sees First Ugandan Crude Oil Output in 2018

Production from Joint Venture with Total and Tullow Delayed by Over a Year

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Cnooc expects to start first crude output at its Kingfisher oil field in late 2018, nearly a year later than expected as the foreign companies developing the country's oil sector struggle with infrastructure bottlenecks, a company executive said.

KAMPALA Uganda—China's Cnooc expects to start first crude output at its Ugandan Kingfisher oil field in late 2018, nearly a year later than expected as the foreign companies developing the country's oil sector struggle with infrastructure bottlenecks, a company executive said Wednesday. First output from the $2 billion oil field isn't expected until late 2018,

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Gwokto La'Kitgum

"Even a small dog can piss on a tall Building", Jim Hightower