There is no $20 billion project in Tanga.
There is only a $2 billion LOAN project in Hoima, NOT investment.
No one knows what's even needed in Tanga, not even business reporters at CNBC, because the Hoima refinery will obviously have on-site storage.
State House UG called the Tanga Energy hUb, as 'complementary'.
Probably to be used only in emergencies or overflows. 😂😂
Uganda daily consumption is like 50k. Their refinery capacity is 60k, and 100% is rarely reached. Meaning if they choose to consume it all cheaply, bongolala will be left with an idle pipeline, and rusting storage tanks. 😂
This is Samia's propaganda to lift her image.
What you're launching in Tanga is what we launched in Lamu years ago.
A plan to attract investment worth tens of billions.
Problem is, based on pure economics of scale mathematics, no one will ever build a refinery of any similar scale this side of Africa, after Dangote in Lamu.
So, that's Lamu 20 - Tanga tanga 0.
Kenya won.
For decades to come.
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