Thread by @Opiaiya

#1 Thread| #Tanzania, Uganda Finalize Oil Pipeline Deal | OilPrice.com oilprice.com/Latest-Energy-… #oilprice

#2 The 1923 letter by the Commissioner of Mines at Entebbe, E.F Wayland referencing the Anglo-French Middle East Development Corporation doing investigations into oil in Bunyoro, 98 years ago today.

#3 E.S Wayland proposed a policy of the (colonial) government staying concessions for oil exploration in Bunyoro until the government had done its own work. This policy would hold until the 1990’s.

#4 By then the government of Uganda felt sufficient confidence to oversee the work of foreign oil companies but remained skeptical. Ironically the colonial authorities that sought to ring fence oil from their rivals and the independent government after (contd)

#5 Both adopted protectionist approaches, seeking to control the process before commercialization. Recently this resources nationalism has caused a near 15 year delay since commercial quantities were proven in L.Albert in 2006.

#6 With the launch of EACOP, the nature and quality of indigenization of oil projects - especially focused on local content, its range and quality will mark the new interaction between foreign capital and domestic politics. Ends