Kampala, Uganda | THE INDEPENDENT | 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 …
Read More »Energy and mineral sector makes steady progress
Kampala, Uganda | THE INDEPENDENT | The Minister of Energy and Mineral Development, Mary Kitutu has given an account of what her ministry has been doing over the last five years during the 2021 NRM Manifesto Week. The manifesto implementation that is running from 4th to 11th May aims at …
Read More »dfcu Bank ready to fund companies in oil and gas
CNOOC, dfcu points at post Final Investment Decision prospects Kampala, Uganda | JULIUS BUSINGE | dfcu Bank held a half day engagement for its clients and stakeholders in the oil and gas sector on Apr.28 following the government’s bold step to sign key agreements that will see the country get …
Read More »CSOs bothered by banks move to opt out of oil pipeline financing
Kampala, Uganda | THE INDEPENDENT | 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 billion project, which will include …
Read More »President Macron calls for accelerating construction of East African crude oil pipeline
Kampala, Uganda | Xinhua | French President Emmanuel Macron has called for speeding up the construction of the East African Crude Oil Pipeline (EACOP) that will run from Uganda’s oil wells to the Tanzanian seaport of Tanga. Macron, in a letter to his Ugandan counterpart Yoweri Museveni, said the construction of …
Read More »Gov’t not bothered about banks refusing to finance EACOP
Kampala, Uganda | THE INDEPENDENT | 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, have stated that they will not …
Read More »Pipeline compensation claims outnumber affected persons by far
Kampala, Uganda | THE INDEPENDENT | The number of persons with interests on land located in the route of the East Africa Crude Oil Pipeline- EACOP is nearly 1,000 more than the number of Project Affected Persons-PAPs, according to information available. According to the approved resettlement action plan, a total of 3,792 …
Read More »Uganda oil money agreements
What is govt hiding? Kampala, Uganda | RONALD MUSOKE | Hussein Lumumba Amin, a renowned socio-political analyst, recently ignited debate on one of Uganda’s most sensitive subjects since Uganda discovered commercially viable oil reserves in 2006: What exactly will be Uganda’s share of its oil resource when production finally …
Read More »Compensation of oil pipeline affected persons may cost up to 65 billion shillings
Kampala, Uganda | THE INDEPENDENT | Compensation for persons affected by the East African Crude Oil Pipeline (EACOP) project may cost up to 65 billion shillings. The estimate has been given by Robert Kasande, the permanent secretary Ministry of Energy and Mineral Development hours after the approval of the Resettlement Action Plan-RAP …
Read More »Open letter to Suluhu, Museveni
The East Africa Crude Oil Pipeline is a project with multiple dire social, economic and environmental impacts COMMENT | VANESSA NAKATE AND LANDRY NINTERETSE | Dear Presidents Yoweri Museveni of Uganda and Suluhu Hassan of Tanzania, building the world’s longest heated crude oil pipeline in the midst of a climate …
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