(3 minutes read)
· Uganda’s President Yoweri Museveni and his Tanzanian counterpart Samia Hassan Suluhu signed recently an agreement for the implementation of East African Crude Oil Pipeline project.
· The agreement was signed in the Ugandan capital Kampala. It provides for the construction of a 1,440 km crude oil pipeline from Uganda’s Albertine region to Tanzanian seaport of Tanga
· The US$3.55 billion pipeline could be the longest electrically heated crude oil pipeline in the world
· Once completed, more than 10,000 job opportunities will be created during execution.
Uganda’s President Yoweri Museveni and his Tanzanian counterpart Samia Hassan Suluhu signed recently an agreement for the implementation of East African Crude Oil Pipeline project. The agreement was signed in the Ugandan capital Kampala. It provides for the construction of a 1,440 km crude oil pipeline from Uganda’s Albertine region to Tanzanian seaport of Tanga.
The Tripartite Project Agreement is for the implementation of the Equal project to make it beneficial to people of Uganda and Tanzania in particular and East Africa in general. As a part of the project, extraction will take place at two oil fields: the Kingfisher field to
be spearheaded by China National Offshore Oil Corporation Ltd, and the Tilenga field, under Total S.A. The agreement was to be signed last month but was postponed to mourn the death of the then Tanzanian president John Pombe Magufuli.
The US$3.55 billion pipeline could be the longest electrically heated crude oil pipeline in the world. Once completed, more than 10,000 job opportunities will be created during execution. However, environmental activists say the project poses risks to protected environments, water sources and wetlands in both the countries. This is due to higher emission of carbon dioxide due to burning of oil through the pipeline.
