Oil rig in Uganda. PHOTO/Tullow Oil
(Bloomberg) - Uganda is looking for a lead investor to develop a refinery estimated to cost US$2.5 billion, two weeks after issuing its first production license to the China National Offshore Oil Corporation (CNOOC) as it seeks to exploit reserves.
The investor, either a company or a group of them, will be named by April 2014 and will take an interest of as much as 60 percent in the facility, which is proposed to have capacity of 60,000 barrels a
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