Friday, July 28, 2006

Tamoil wins Eldoret - Kampala oil pipeline bid

Monday, 24 July 2006
By Edris Kisambira

KAMPALA — Tamoil East Africa Limited has won a long-running bid to finance and extend the oil pipeline from Eldoret to Kampala at a development cost of US$72 million.

The 320-kilometre pipeline will be a build, own, operate and transfer (BOOT) venture after a period of 20 years. When contacted, Mr. Godfrey Mugabi, Tamoil East Africa's operations/commercial manager told Business Week in Kampala last week that the Joint Coordinating Committee (JCC) should have awarded the contract long ago to the best consortia had it not been for counter petitions from one of the bidders.

The award letter, which Business Week has had access to said: “We are pleased to inform you that following the evaluation of bids,the proposal by Tamoil Group was found to be the most economically advantageous.

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2 Comments:

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