President Yoweri Kaguta Museveni and his Tanzania counterpart, John Pombe Magufuli , are expected to launch the construction of the multi-billion Hoima-Tanga crude oil pipeline this saturday, diplomatic officials have revealed. According to The New Vision, the 11,445km oil pipieline from Hoima district in western Uganda to the Tanzania Port of Tanga, which will be
Workshops have been held to this effect, papers have been presented, but it seems very little headway is being made on the ground, if we are to go by the sentiments of Stan McBride, the Environment Manager of the East Africa Crude Oil Pipeline project. How can Ugandans position themselves to benefit from the opportunities
Tanzania has confirmed it is looking to owning about 8 percent stake or more in Uganda’s proposed 60,000 barrels per day refinery project. On addition to the Crude Oil Export Pipeline, proposed to run from Uganda Oil-rich Albertine graben to Tanzanian Northeastern Port of Tanga, the deal positions Tanzania as the leading regional partner in
The World Bank has pledged to inject $600 to facilitate the construction of a regional pipeline linking oil fields in Uganda, Kenya and South Sudan. In a statement made on Monday the World Bank said that the funds would be provided by its private- lending arm, the International Finance Corporation. The fund is part of
Christophe de Margerie, CEO of French oil giant Total was killed Monday night when the business jet he was flying in crashed upon takeoff at Vnukovo Airport in Moscow. In addition to De Margerie, 63, four others perished in the accident, including three crew members and the driver of a snow removal machine with which the
According to the East African Oil and Gas Market 2013-2023 report, the market share available within the region for the next ten years has been estimated to stand at about 3.9billion USD. The report done by Visiongain gives the East African regional oil & gas market forecast from 2013 to 2023 for six countries
The government is set to establish a science university in Hoima district to train oil and gas related academic disciplines. This is a rare gesture that will go a long way in convincing some hardliners in the Bunyoro sub- region that the government is committed to ensuring that locals in the Albertine Graben benefit from
Activists, government and politicians that are in charge of environmental dockets in Bunyoro are pushing the government and oil firms into ensuring that the environment is not damaged during oil exploration activities in the Albertine grabben. According to the World Wide Fund (WWF), the Albertine Rift Valley is Africa’s most diverse eco-region and Uganda’s proven