East African Crude Oil Pipeline
More East African Crude Oil Pipeline
Uganda sets equity in crude oil refinery and pipeline projects at $700m
The two large-scale projects are expected to cost a combined $7.5bn (Shs26 trillion)
Uganda’s oil pipeline segment to cost $700m
The 1,445km pipeline will run from Hoima in mid-western Uganda to Tanga port at the Indian Ocean in Tanzania. The entire project is expected to cost $3.5bn (Shs11trillion), of which 80% will be spent in Tanzania
Tanzania’s Magufuli wants oil pipeline completed in less than three years
Tanzanian President John Pombe Magufuli has urged French oil major Total E&P, the lead joint venture partner on the proposed crude oil export pipeline from Hoima to Tanga, and other investors involved to mobilise at least “10 contractors” to speed up construction before 2020
Oil pipeline investment decision for early 2018 as designs near completion
The decision, according to industry sources, is informed by the near-completion of the Front-End Engineering Design study for the pipeline
Standard Group, China’s IBC to advise on oil pipeline financing
The pipeline, running 1,445km from Kabaale in Hoima district to Tanga Port on the Indian Ocean, will be financed through debt
Uganda, Tanzania agree on $3bn crude oil pipeline tax plan
Uganda and Tanzania have finally agreed on a tax plan for the proposed $3.5bn crude oil export pipeline, a key milestone that paves way for an inter-government agreement spelling out the terms and conditions and operationalising the project.







