Uganda and Tanzania have taken another step toward construction of a major oil export pipeline, while port operations begin in Kenya.
French President Emmanuel Macron has spoken of his support for the East African Crude Oil Pipeline (EACOP).
Total should announce final investment decision (FID) for its Lake Albert project on April 11.
A deal involving Uganda, Tanzania and Total has been pushed back, following the death of Tanzanian President John Magufuli.
Uganda goes to the polls today in an election that is likely to see President Yoweri Museveni returned for a sixth term.
The East African Crude Oil Pipeline (EACOP) has signed a host government agreement (HGA) with Tanzania, as plans for the Ugandan oil development near the finish line.
Uganda has signed a host government agreement (HGA) with Total on the East Africa Crude Oil Pipeline (EACOP), followed by new declarations with Tanzania on the link.
Uganda and Tanzania are pushing ahead with their plans for the East African Crude Oil Pipeline (EACOP) despite Total’s decision to put work on hold, following the breakdown of talks on the sale of Tullow Oil’s Ugandan stakes.