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 »Total Uganda evaluates residual land in ten districts for compensation
Kampala, Uganda | THE INDEPENDENT | Total Uganda is evaluating the residual land of the people affected by the East African Crude Oil Pipeline (EACOP) project in the ten districts within the pipeline route. According to Stella Amony, the communications officer –Total E&P Uganda, has confirmed the exercise saying it commenced …
Read More »China’s shaky dance with Uganda
Chinese foreign minister Wang’s visit to Africa is another missed opportunity to seal deals ANALYSIS | THE INDEPENDENT | Chinese Foreign minister Wang Yi has been on a five-nation tour in Africa that started on Jan.04 and took him to Nigeria, the Democratic Republic of the Congo, Botswana, Tanzania and …
Read More »