Kampala, Uganda | THE INDEPENDENT | With the governments of Uganda and Tanzania ready with oil companies to sign the Final Investment Decision (FID) for the development of the oil fields and the proposed East African Crude Oil Pipeline (EACOP), experts have warned that Ugandans might miss out on employment opportunities. …
Read More »District leaders issue ultimatum to gov’t to compensate pipeline affected persons
Kyotera, Uganda | THE INDEPENDENT | Kyotera and Lwengo district leaders have given the government of Uganda up to August to either compensate the East African Crude Oil Pipeline (EACOP) project affected persons, or they block the project and victims claim for the return of their assets with costs. The tough …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Gov’t seeks approval of UGX 487 billion loan to finance oil pipeline shares
East African Crude Oil Pipeline (EACOP) project will transport crude oil from the Tilenga and Kingfisher projects in Kabaale, Hoima to the coast port of Tanga in Tanzania Kampala, Uganda | THE INDEPENDENT | The Minister of State for Planning David Bahati has asked Members of Parliament to approve a loan request …
Read More »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 …
Read More »Oil drilling challenge in Murchison Falls National Park
Total pledges to limit footprint but conservationists want disaster fund Kampala, Uganda | RONALD MUSOKE | French oil giant, Total, which is finalizing crude oil production and export infrastructure in Uganda’s oldest conservancy and top tourist destination, Murchison Falls National Park, has unveiled plans to minimize environmental damage. In a …
Read More »Tanzania ready to start constructing Ug-Tz oil pipeline
Dar es Salaam, Tanzania | THE INDEPENDENT) | The construction of the $3.5 billion East African Crude Oil Pipeline (Eacop) is scheduled to start next month, Tanzanian newspaper The Citizen has reported today. Quoting Tanzania’s Foreign Affairs minister Palamagamba Kabudi, , Foreign Affairs minister Palamagamba Kabudi, The Citizen said the decision was confirmed last …
Read More »Govt boosts participation of local firms in EACOP
Local players think initiative could be late as oil companies are already publishing expression of interest for field services Kampala, Uganda | RONALD MUSOKE | Uganda has started implementing a Shs 1.85bn project seeking to build technical skills of local micro, small and medium enterprises eyeing businesses during the construction …
Read More »