Africa Oil Corp (AOIFF)

[douginil]

Hmmmm ....


Maybe the pipe line from Uganda to an export port through Kenya may still occur. This guy, President Magufuli of Tanzania, seems to be going after the mining companies, but it would not be a stretch if he wanted to increase the transportation fees for the Uganda oil.

Wall Street Journal (WSJ) By Jacquie McNish, Nicholas Bariyo Aug. 2, 2017

Tanzania’s Tougher Mining Laws Rattle Companies

International miners that flocked to Tanzania for its low taxes and friendly laws are running up against a populist president eager to gain a greater share of mining revenue for the African nation.

https://www.wsj.com/articles/tanzanias-tougher-mining-laws-rattles-companies-1501666200

also WSJ Friday August 4, 2017 Page B5





http://allafrica.com/stories/201707060463.html July 6, 2017

Tanzania: Mining Firms Anxious Over Impact of Mining Law Changes





http://www.reuters.com/article/us-energy-uganda-idUSKCN0XK0DT April 23, 2016

Uganda picks Tanzania for oil pipeline route rather than Kenya