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
BYD to install 200-300 EV chargers in South Africa by 2026 Fast-charging stations powered by grid...
Drones to aid soil health, pest control, and input efficiency High costs, skills gap challenge ac...
• The five-year plan allocates 388 billion pulas to boost growth and jobs.• Focus areas include tran...
• The Bank urges Nigeria to raise excise taxes on alcohol, tobacco, and sugary drinks.• Current rate...
TotalEnergies, Perenco, and Assala Energy account for over 80% of Gabon’s oil production, estimate...
Six major African operators and GSMA are setting a unified standard for low-cost 4G smartphones priced between $30 and $40. The initiative...
Galp is in advanced talks to sell part of its 80% stake in the Mopane offshore oil project in Namibia and expects a deal by year-end. The Portuguese...
Orange CEO urges fairer digital rules amid Africa’s tech shift Operators call for updated policies to match data-driven economy GSMA, partners launch...
Kefi secures $240M loan for Ethiopia’s Tulu Kapi gold project Additional $100M to be raised via equity, local investors Gold production...
Asmara, the capital of Eritrea, is often described as Africa’s modern city for its remarkable architectural heritage and forward-thinking urban design....
The Great Zimbabwe National Monument stands as one of southern Africa’s most iconic archaeological sites, a silent witness to a thriving African...