Oil pipeline/Courtesy photo The partners in the oil and gas industry in Uganda intend to supply solar energy to power the East African Crude Oil Pipeline in transporting crude from Hoima in western Uganda to Tanzania’s Tanga Port. The energy will be used at the six pump stations along the
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Banks are divided on financing of the East-African-Crude-Oil-Pipeline. Courtesy Photo. Civil society actors have challenged the government to take with serious concern, decisions by some international banks not to finance the East African Crude Oil Pipeline-EACOP. At least six international banks have backtracked on their financing plans for a USD 3.5
Read MorePanelists who spoke during dfcu Bank’s engagement meeting with customers for financial opportunities in the Oil and Gas sector in a group photo dfcu Bank has held an engagement for its customers and key stakeholders in the oil and gas sector to share insights into the opportunities in the US$15 billion Oil
Read MoreBanks are divided on financing of the East African Crude Oil Pipeline. Courtesy Photo. The government is not concerned about the decision of some international banks to stay away from the financing plans for the East African Crude Oil Pipeline. Several banks in France, where the lead investor in the project, Total, is based,
Read MoreResponse To Hussein Lumumba Amin On Government of Uganda’s Take From Oil & Gas Sector
By Ali Ssekatawa The assertion that Uganda got a bad deal from the oil and gas projects and will only earn $5 per barrel is not only factually wrong but does not make logical sense. Mr. Hussein Lumumba Amin ignorantly mixes up the economics of the upstream with the midstream.
Read MoreAmid a forming storm over the global fossil energy industry, French oil giant Total, changes strategy to wade through the waves of calls for an end to the exploitation of fossil fuels. The strategy includes changing names and going into other industries away from fossils.Fossil fuels are a kind of
Read MoreMartin Tiffen, the Manager East Africa Crude Oil Project says it is logical that the construction begins from Tanzania which has a largest land area to cover The Ministry of Energy and Mineral Development has reiterated that no construction project in the oil and gas industry will take place until
Read MorePresident Samia Suluhu of the United Republic of Tanzania and Uganda's President Yoweri Museveni Museveni at State House Entebbe. They signed oil and gas agreements The recent conclusion of key oil and gas agreements has opened up opportunities for the participation of Ugandans. Speaking at a press conference, Dr. Kitutu
Read MorePresident Samia Suluhu of the United Republic of Tanzania and her host Yoweri Museveni Museveni at State House Entebbe The government of Uganda and its Tanzanian counterpart have today signed the East African Crude Oil Pipeline agreement that effectively signals the start of the construction of the pipeline that will
Read MoreTanzania's new president Samia Hassan Suluhu The long wait for Uganda's Final Investment Decision for oil and gas could come to an end this Sunday, following talks between government officials and industry leaders from Uganda and Tanzania.Tanzania's new president Samia Hassan Suluhu is due in the country for talks that
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