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Tag Archives: oil

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 …

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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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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 …

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Buliisa oil project affected persons get houses

Buliisa, Uganda |  THE INDEPENDENT | Families affected by the construction of the Tilenga Central Processing Facility in Buliisa district has finally received houses as part of their relocation package, thanks to Total E&P. Up to 623 persons in Kasenyi village were affected when the government acquired 320-hectares of land in …

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