Meant to transport the oil coming from three oil fields being developed in Uganda, the East African Crude Oil Pipeline (EACOP) would be the longest heated crude oil pipeline in the world, estimated to cost $2.5-billion. At full production, it is expected to transport up to 230,000 barrels a day. Planned to run from the shores of
Insurance companies form body to cover risks in Uganda oil and gas sector
Uganda insurance companies have formed a body that will extend insurance covers to the companies involved in the Uganda oil and gas industry The coordinator of Oil and Gas Uganda Insures Association, Ms Margie Lokowe, in an interview with Daily Monitor, said Uganda insurance companies have already formed a consortium in preparations of providing insurance