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Tag Archives: EACOP

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 …

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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 …

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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 …

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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 …

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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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