French and Chinese oil companies signed a ten-billion-dollar deal on Tuesday to develop oil resources under Lake Albert in Uganda and build a pipeline to bring the oil though Tanzania. The plan is being criticised by environmental groups, who warn the pipeline will be devastating for wildlife and people along its route.
The deal between France's TotalEnergies and the China National Offshore Oil Corporation aims to exploit huge crude oil reserves under Lake Albert, on the border between Uganda and the Democratic Republic of Congo.