A Ugandan fisherman in front of an oil operation in Lake Albert

A Ugandan fisherman in front of an oil operation in Lake Albert

Oil companies exchange Ugandan assets but arbitration in doubt

David Samuels

Friday, 27 August 2010

Tullow Oil and Heritage Oil have closed a deal in Uganda, but the prospect of arbitrating a related tax issue, in London, looks to have receded in the wake of ministerial comments.

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