Kampala, Uganda | THE INDEPENDENT | Lawyer Hassan Male Mabirizi has given the Ministry of Energy and Mineral Development 21 days to make public the agreements that were signed on Sunday, between the government of Uganda and Tanzania. Mabirizi threatens legal action if the Permanent Secretary does not comply with …
Read More »MUSEVENI: April 11 signing a triple win for Uganda and Tz
Entebbe, Uganda | THE INDEPENDENT | President of Uganda Yoweri Museveni and the President of Tanzania Samia Suluhu today April 11, 2021 signed agreements to start full implementation of the East African Crude Oil Pipeline (EACOP) project. Museveni said he asked Suluhu for an April 11 signing, a day that was …
Read More »PIPELINE: Uganda, Tanzania sign major oil agreement
Entebbe, Uganda | THE INDEPENDENT | 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 transport Uganda’s oil from Hoima to the port of Tanga. The construction …
Read More »Tanzania President Suluhu welcomed to Uganda to seal oil deal
PROGRAMME *⃣ 9.30am President Sulhu arrives Entebbe *⃣ 11.10am Pres Suluhu recived by Pres Museveni *⃣ 11.50am Tete-a-tete *⃣ 12.55pm Signing ceremony begins *⃣ 13.30pm Joint Communique *⃣ 2.pm Luncheon *⃣ 2.45pm Suluhu departs Kampala, Uganda | THE INDEPENDENT| Tanzania’s president Samia Hassan Suluhu is in Uganda to sign …
Read More »Tanzanian President Suluhu due in Uganda to sign oil deals
Kampala, Uganda | THE INDEPENDENT | The long wait for Uganda’s Final Investment Decision (FDI) 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 …
Read More »Impact of AfCFTA on oil and gas industry
Improved efficiency and competition in the Africa markets will be significantly felt and boost development | SHANTEL MUFANDAIDZA | Created by the African Continental Free Trade Agreement in 2018, the African Continental Free Trade Area (AfCFTA) came into effect on January 01, 2021. Since the World Trade Organisation creation, the …
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 »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 »Global oil demand to increase by 5.8 mln barrels per day in 2021: OPEC
Vienna, Austria | Xinhua | The Organization of the Petroleum Exporting Countries (OPEC) revised down its forecast of global oil demand for 2021, predicting a year-on-year expansion of 5.8 million barrels per day (b/d) in its monthly report published on Thursday. This is about 0.1 million b/d lower than last month’s …
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