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S.Sudan says oil pipeline to Kenya to cost ${esc.dollar}3 bln

Source: Thomson Reuters Foundation - Fri, 10 Aug 2012 01:15 PM
Author: Reuters
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NAIROBI, Aug 10 (Reuters) - A pipeline to connect South Sudan's oil fields with the Kenyan port of Lamu for export will cost ${esc.dollar}3 billion, the country's Finance Minister Kosti Manibe said on Friday.

Landlocked South Sudan has been seeking to build a pipeline to Kenya to end dependency on Sudan through which Juba now needs to exports its crude via a pipeline to the Sudanese port of Port Sudan.

"The 2,000 km pipeline will cost approximately ${esc.dollar}3 billion dollars," he told a press conference. (Reporting by Kelly Gilblom; Editing by James Macharia)

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