Uganda News

Uganda Hands over EACOP Construction License

The East African Crude Oil Pipeline (EACOP) Company has received the authorization to build it from Uganda through the Ministry of Energy and Mineral Development.

The East African Crude Oil Pipeline (EACOP) Company has received the authorization to build it from Uganda through the Ministry of Energy and Mineral Development.

Following a request made on July 1, 2022, and in accordance with Section 10 of the Petroleum (Refining, Conversion, Transmission, and Midstream Storage) Act 2013, Regulation 59 of the Petroleum (Refining, Conversion, Transmission, and Midstream Storage) Act 2016, and the East African Crude Oil Pipeline Special Provisions Act 2021, the Ministry granted the license after determining that it satisfied all requirements.

In order for EACOP to formally begin on-the-ground construction work in Uganda as part of the development of the 1,443km, 24-inch diameter insulated and buried crude oil pipeline that will begin in Kabaale, Hoima in Uganda and end in Chongoleani, Tanga in Tanzania, the construction license is necessary.

President Yoweri Museveni attended the handover event, and Mr. Martin Tiffen, the managing director of EACOP Ltd, said, “This marks another step forward for EACOP as it facilitates the initiation of our construction activities in Uganda after the ongoing land access process is completed.”

“We appreciate the government of Uganda’s prompt delivery of the application in accordance with the Host Government Agreement (HGA) commitment and its ongoing support for the implementation,” he continued.

Leading the construction of this pipeline in Uganda are the licensed upstream oil companies: Total Energies (62% of the stock), CNOOC Uganda (8%), Uganda National Oil Company (UNOC) (15%), and Tanzania Petroleum Development Corporation (TPDC) (15%).

The 1,443 km East African Crude Oil Pipeline is a crude oil export facility that will move Ugandan crude oil from Kabaale-Hoima in Uganda to the Chongoleani peninsula close to Tanga in Tanzania for export to the global market.

ADVERTISMENT

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button