Battle: Dar es Salaam vs Nairobi

Battle: Dar es Salaam vs Nairobi

Teargass said:
EACOP is controlled by total. Nyinyi ni joyriders Tu. If total didn't see the need to build a refinery there, mbadhani walikuwa wajinga?🤣🤣😂.

EACOP will export all the oil to refine somewhere then resell the refined oil back to you🤣😂
Click to expand...
The East African Crude Oil Pipeline (EACOP) Ltd is a joint venture company owned by four major shareholders:

ShareholderTypeEquity Share
TotalEnergiesMulti-national Energy Company (France)62%
Uganda National Oil Company (UNOC)State-owned National Oil Company (Uganda)15%
Tanzania Petroleum Development Corporation (TPDC)State-owned National Oil Company (Tanzania)15%
China National Offshore Oil Corporation (CNOOC)State-owned Oil & Gas Company (China)8%
 
President of China said:
The East African Crude Oil Pipeline (EACOP) Ltd is a joint venture company owned by four major shareholders:

ShareholderTypeEquity Share
TotalEnergiesMulti-national Energy Company (France)62%
Uganda National Oil Company (UNOC)State-owned National Oil Company (Uganda)15%
Tanzania Petroleum Development Corporation (TPDC)State-owned National Oil Company (Tanzania)15%
China National Offshore Oil Corporation (CNOOC)State-owned Oil & Gas Company (China)8%
Click to expand...
Hii unatuonyesha tufanyie nini? We already know Tanzania only have 15% shares in that pipeline. 63% ni za Total, mafuta ni za Total pia.
 
stakehigh said:
Teargass anasubiria IPO

View: https://x.com/TheMutaD/status/2085424794565267886?s=20
Click to expand...

Ebu tuonyeshe penye Vitol walisema watajenga refinery Tanga😂😂🤣👇👇

1000360367.jpg
 
Teargass said:
15%?🤣🤣😂😂

You don't have powers in that pipeline 😂😂🤣
Click to expand...
To have power in share company is per article of pertnership:

Both UNOC and TPDC hold permanent seats on the EACOP Ltd Board of Directors, giving them direct involvement in executive decisions, auditing, and corporate oversight.

Strategic corporate decisions (such as major debt financing, changes to the company charter, or shareholder dilution) typically require supermajority approval 80%+. This grants Uganda and Tanzania effective blocking power over major structural changes.

The physical pipeline spans 1,443 km (296 km in Uganda, 1,147 km in Tanzania). Both states control land acquisition, eminent domain, and transit corridors. Without state approval, construction and transit cannot happen.

Both governments enforce national environmental impact assessments, transit tariffs, and safety regulations. They retain the legal right to halt operations for non-compliance.

Both nations mandated legally binding "Local Content" quotas, requiring EACOP to award a set percentage of contracts, supply chain jobs, and engineering roles to Ugandan and Tanzanian citizens and firms.

Transit fees, port handling fees (at Chongoleani Peninsula, Tanga), and national taxes are governed by agreements ratified by both host parliaments, securing long-term revenue pipelines regardless of equity splits.


Sasa wewe kajamba nani kutoka kenya unajua haya. Kwenye Law Tanzania is the best in East and Central Africa
 
You must log in or register to reply here.

Similar Discussions

Our Community

Coming Soon

Regional Communities

Coming Soon
Back
Top Bottom
Menu
Forums
New posts
Log in
Register