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Tag Archives: EACOP

CSOs fear Magufuli’s death could impede EACOP project

Kampala, Uganda | THE INDEPENDENT | Different Civil Society Organisations-CSOs in greater Masaka region have said the death of Tanzanian President John Pombe Magufuli will hamper the East African Crude Oil Pipeline project processes especially the compensation for the people affected by the oil pipeline. Winfred Ngabiirwe, the Executive Director of …

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Budget Committee declines to approve UGX 487 billion oil loan

Government intends to secure finances from the domestic market for the oil pipeline project Kampala, Uganda | THE INDEPENDENT | High hurdles still stand in the way to the Final Investment Decision that will see the country’s first oil come out of the ground for the crude to be transported to …

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Uganda’s oil and gas sector mourns President Magufuli

Kampala, Uganda | THE INDEPENDENT | Uganda’s oil and gas industry is mourning the passing of Tanzania President John Pombe Magufuli, which was announced on Wednesday night. Magufuli has been instrumental in the East African Crude Oil Pipeline Project and had said construction should start this month of March. Uganda and …

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Hawk-eyed MPs throw out finance Minister’s supplementary request

Kampala, Uganda | THE INDEPENDENT |  For the second time in two months, members of Parliament’s Budget Committee have humiliated Finance Minister Matia Kasaija over his baffling requests for funding. Late January Kasaija’s request for sh481 billion shillings to recapitalise Bank of Uganda was thrown out and the central bank also …

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