Public Management

Construction of East African crude oil pipeline EACOP to start in April 2021

Construction of East African crude oil pipeline EACOP to start in April 2021
Monday, 11 May 2020 15:58

Tanzanian minister of energy, Medard Kalemani, announced the construction of the crude oil pipeline that will transport Uganda’s oil to the Tanga port on Tanzania for next April.

Known as the East African Crude Oil Pipeline (EACOP), this pipeline has been delayed since 2017, partly due to a tax dispute between the Ugandan government and some parties involved in the project. The minister's announcement was made last Friday at the National Assembly when his ministry's budget estimates and expenditures for the fiscal year 2020-2021 were tabled.

Before April 2021, the priorities will be to complete the host government agreements (HGA), a shareholders' agreement (SHA), a land lease agreement (LLA), the port agreement (PA) and the compensation of those whose lands have entered the project, the minister said.

The environmental impact study has already been carried out as well as the sensitization of the communities close to the pipeline. The pipeline will be 1,445 km long and is expected to cost $3.5 billion.

Olivier de Souza

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Ethiopia’s ESX is not hindered by slow IPOs but by the deeper challenge of building a market culture that matches its emerging-market...
Telecom operator launches KES40 billion medium-term bond program First KES15 billion tranche offered at a fixed 10.40% rate for five...
16 of Nigeria’s 36 banks have met new capital requirements by Nov. 2025 Recapitalization aims to boost sector strength before March 2026...
Yvon Sana Bangui elected president of the Association of African Central Banks One-year term includes steering governors’ meetings and advancing...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
02

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
03

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
04

JA Africa launches $1.5M digital safety program in four African countries Initiative to ...

Google.org, JA Africa to Train Children, Teachers and Caregivers in Digital Safety
05

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.