Tanzania has agreed with Uganda to accelerate implementation of a crude oil pipeline project between the two east African nations and award the construction contract to multiple contractors. The decision was reached during talks between Tanzanian President John Magufuli and his Ugandan counterpart, Yoweri Museveni, in Kampala on Thursday, Magufuli’s office said in a statement
Reports indicate Kenya Earned Over 500 Million in Revenues from Oil Exploration in 2015
Documents from the office of Kenya Auditor-General show that the country has earned Sh503.2 million from oil exploration works by foreign firms local media reported. According to Business Daily Africa, a total of Sh503,260,733 was collected last year as revenue from exploration. Petroleum Cabinet Secretary Andrew Kamau said “The cash (Sh503 million) came from surface
Local Leaders in Uganda Oil region wants Government to Regulate Waste Disposal and Land Acquisation
Local leaders in Uganda’s Oil-rich region urged government to regulate land acquisition and oil waste disposal in the Albertine graben to prevent exploitation, local media reported. The call was echoed during a community dialogue organised by Midwestern Regional Anti-Corruption Coalition. The Prime Minister of Bunyoro Kingdom, a cultural institution which also shares part of the
Uganda and Tanzania Say Pipeline Negotiations are Progressing, Project will Start in January 2017
Uganda and Tanzania announced progress in the negotiations preceding the construction of a Crude Oil Export pipeline from oil-rich Albertine graben to Tanzanian Northeastern port of Tanga. Officials, technocrats and investors are holding a series of close door meetings which targets January 2017 as the project commencement time and 2019/2020 as the completion deadline. At
Uganda says will Conclude Oil Refinery Negotiations With Lead Investor Russian RT Global
Uganda’s Finance Minister Matia Kasaija told the nation during budget reading that negotiations for the proposed oil refinery are expected to be complete by September 2016. It will at that stage spur the kickoff of Final Investment Decision (FID) by the lead investor. The agreements Uganda oil understands will include; The Project Framework Agreement between
Uganda appoints head of National Oil Company as Nation nears Commercial Production
Uganda announced the appointment of the chief executive of the National Oil Company in another step towards the implement the national local content policy. The Uganda National Oil Company (NOC) is established under the Petroleum (Exploration, Development and Production) Act 2013. Key of it’s mandated is to ensure an adequate, reliable and affordable supply of
Tanzania Authorities Start Civic Education on the Benefits of Hoima-Tanga Oil Pipeline Project
Tanzania authorities have started a civic education campaign to prepare local communities on how to tap the benefits that Uganda crude oil pipeline project present. Local government officials and civil society from the Northeastern Tanzania which harbors Port Tanga, the proposed exit point of Uganda crude Oil have started organizing communities through civic awareness campaigns,
Museveni and Magufuli agree to accelerate the Implementation of Oil Pipeline project
Uganda president Yoweri Museveni and Tanzania counterpart John Magufuli agreed to accelerate the implementation of a crude oil pipeline project between the two nations and award the construction contract to multiple contractors. The decision was reached during talks between the two leaders on the sidelines of the swearing in ceremony of Museveni in Kampala according
Kenya Begins Search for companies to design own 891 Kilometer Oil Pipeline route
Kenya will start a search next week for companies to design a crude oil export pipeline costing some $2.1 billion and which should be completed by 2021, Energy and Petroleum Minister Charles Keter said. Tullow Oil and partner Africa Oil first struck oil in Lokichar in northwest Kenya in 2012 and Keter said the pipeline
French Giant Total Wins as Uganda Settles for Tanzania in the Crude Oil Export Pipeline Project
Uganda announced settling for the Southern route to Tanzania’s Port of Tanga as the economically viable oil pipeline exit point as opposed to Kenya. The Tanga route was backed by Gulf Interstate Engineering study and French giant Total was the major stakeholder while the Southern and northern Kenya routes, were informed by Toyota Tsusho feasibility