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Uganda's Enviable Energy Position

Mar 8, 2016 | 12:16 GMT
An oil exploration tower is pictured in Tonya, Uganda, on the shore of Lake Albert, where Uganda wants to begin developing and exporting its oil resources.
An oil exploration tower is pictured in Tonya, Uganda, on the shore of Lake Albert, where Uganda wants to begin developing and exporting its oil resources.
(WALTER ASTRADA/AFP/Getty Images)

The Ugandan government is in a somewhat enviable position, primed to take advantage of competing interests in the region and exploit its own energy resources. The Tanzania Petroleum Development Corp. announced March 7 that it hoped to close negotiations with Uganda in August on a pipeline to export oil from Uganda's Lake Albert oil fields through Tanzania....

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