National Parks Vs Oil, Uganda
Oil has been found in the Albertine basin on the border between Uganda and DRC by Tullow Oil (a UK oil explorer) and its two partners, Total of France and CNOOC (the Chinese National Offshore Oil Company). The finds are significant - enough oil on the Ugandan side to potentially add anything between $2bn to $6bn per annum for the next 20 years to Ugandan tax revenues.
The problem is that some of the oil has been found underneath the Murchison National Park and a...