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Uganda Names Its Crude Oil | Uganda News
Uganda is set to officially name its crude oil today — a historic milestone that transforms the resource from discovery into a globally tradable commodity. President Museveni will unveil the name at the Kingfisher site, marking the culmination of nearly two decades of exploration and development. With a waxy, low-sulfur profile requiring the world’s longest heated pipeline to Tanzania, this oil now carries the identity needed for global markets — complete with specs like density and sulfur content. After delays and a $15 billion investment, the pipeline is 90% complete, and first oil remains…
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