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Uganda, Tanzania sign agreements on crude oil pipeline project​

in General Energy News 13/04/2021




Uganda and Tanzania on Sunday signed three key agreements to kick off the construction of the East African Crude Oil Pipeline (EACOP).

Ugandan president Yoweri Museveni and his Tanzanian counterpart Samia Suluhu Hassan witnessed the signing of the agreements at State House Entebbe, 40 km south of the Ugandan capital Kampala.

The two countries signed the Host Government Agreement, Share Holder Agreement (for the pipeline company) and Tariff agreements.

Partners in the pipeline agreement Total and China National Offshore Oil Corporation also witnessed the signing of the agreements.

The signing of the agreements paves way for the construction of the 1,440 km crude oil pipeline from Ugandaโ€™s Albertine region to the Tanzanian seaport of Tanga.

The 3.55-billion-U.S.-dollar pipeline will be the longest electrically heated pipeline in the world. It is heated because of the waxy nature of Ugandaโ€™s oil. Uganda has so far discovered over 6.5 billion barrels of oil.

Tanzanian President Hassan after witnessing the signing said the project would not only benefit Uganda and Tanzania alone but the entire region.

โ€œThe project will bring revenues to the regional countries and more than 10,000 jobs will be created,โ€ she said.

She also said the EACOP will unlock the regional potential and attract more investors to east Africa.

โ€œOur region is well-endowed with abundant resources. In order to fully and effectively exploit these resources, we need infrastructure,โ€ she said.

Ugandan President Museveni said the pipeline will transport 230,000 barrels per day and therefore South Sudan and the Democratic Republic of the Congo could take advantage and use the facility.

โ€œThis pipeline could turn out to be a very important project that could serve the entire region in the long term. We could build a return pipeline to carry gas from Tanzania to Uganda and the entire region,โ€ Museveni added.

Source: Xinhua

 
We need thorough investigation on this,mm nina wasiwasi na Ndugai,hasa kwenye huu mradi wa Bagamoyo port, Magufuli ananiuma Sana haki ya Mungu!


 
We fala wa ushago hiyo loss ni $26m (2019/2020) kutokana na Covid. Pesa hii hainunui hata Dash Q400 wakati Kenya Airways imepata loss ya $333m hii ni mara 12 ya loss yetu. Ni pesa ya kununulia Dreamliner.
$26m with zero routes,
 
๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ 27m usd
๐Ÿ˜‚๐Ÿ˜‚ Pesa kidogo Sana hio ukilinganisha na the benefits imeletea wakenya,,tena is a floating bridge,,only one in EA ๐Ÿ˜๐Ÿ˜๐Ÿ˜๐Ÿ˜œ๐Ÿ˜œ
 
๐Ÿ˜‚๐Ÿ˜‚ Pesa kidogo Sana hio ukilinganisha na the benefits imeletea wakenya,,tena is a floating bridge,,only one in EA ๐Ÿ˜๐Ÿ˜๐Ÿ˜๐Ÿ˜œ๐Ÿ˜œ
Si ndio maana wachina wanajua kuwanyuka kama walivowafanya kwenye SGR na expressway๐Ÿ˜€๐Ÿ˜€๐Ÿ˜€๐Ÿ˜€
 
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