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
Partnership with ANSER focuses on structuring and mobilizing financing Mechanism relies on phased funding tied to project...
Coris Bank International posted a 36% increase in net profit in 2025. The bank grew its customer base by 11.6% and deposits to CFAF 2,015.3...
Kenya has asked the World Bank for rapid emergency financing to cushion the economic shock from the war in Iran, Governor Kamau Thugge said...
Seven of Nigeria's top 11 listed banks missed the March 31 deadline for 2025 audited accounts, all citing pending Central Bank approval The bottleneck...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
03

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
04

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
05

Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...

Gabon Eurobond Due 2031 Posts Biggest Drop in a Year on IMF Budget Warning
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.