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
Uganda and Tanzania Conspired to deny Kenya Oil Pipeline deal, says Minister
Uganda and Tanzania conspired to deny Kenya an opportunity to present its findings before the Oil Pipeline route was decided Energy Cabinet Minister Charles Keter said. Appearing before the nation’s Senate Energy Committee, the minister said his team was not even allowed to present its case which validly addressed Uganda’s concerns about the 13000 kilometer
Uganda will pay Transit fee of $12 per barrel to Tanzania in New Oil Pipeline deal
A fee of $12.2 will be levied on each barrel of oil from Uganda going through the proposed Hoima-Tanga crude oil pipeline. According to the technical report which formed basis for Uganda’s decision to settle with the southern route, the tariff is considered least compared to $17 (or higher) estimated for the route from Hoima
About Gulf Interstate Engineering, The Firm which Studied The Hoima-Port Tanga Oil Pipeline Route
Gulf Interstate Engineering is based in Houston, Texas, and has served the oil industry since 1953. The firm concentrates on project management expertise, engineering and design, procurement and construction management services to the worldwide oil and gas industry. Its Major focus is project management and engineering of pipeline systems; a focus that covers onshore pipelines,
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
How a Petroleum Act Delayed Tanzania’s Liquefied gas Project
Tanzanian’s liquefied natural gas project is facing delays after the recently enacted Petroleum Act 2015 introduced new requirements that must be met before it proceeds. Major Operator of Tanzania gas field Solo in a statement earlier said that initial gas production commenced on April 4, 2016 and is expected to be delivered to the gas
Tanzania Remains Favorite Route for Uganda Oil Export Pipeline, Official says Kenya ‘Lost the Deal’
Undercover reports emerging from the talks between Kenya and Uganda on Crude oil routing options indicate that Uganda has finally settled with Tanzania’s port Tanga as the Oil exit point. A senior Kenyan official told the The East African newspaper on Saturday that Uganda had stuck to the route between Hoima and Tanzania’s Tanga Port route instead of
New Report projects Kenya annual Oil Revenues between $2.6 billion-$5 billion at Peak
At the commencement of Kenya oil production in 2021 (Ceteris Peribus), national revenues will peak at USD 2.6 billion per year with oil prices at $45/bbl and rise to more than USD 5 billion per year at $85/bbl. The details are reviewed in a report titled , “Potential Government Revenues from Turkana Oil” Released by the Kenya
OPEC Report: Nigeria slumps in Oil Production, Angola Now New Africa Oil Producing giant
As the crash in crude continues to hit hard on the country’s economy, Angola is now the number one oil producing nation in Africa, taking over the position of Nigeria. In its latest monthly report, the Organisation of Petroleum Exporting Countries, OPEC, said Nigeria’s oil production fell by 67,000 barrels per day (bpd) in March. The
Why Uganda must win hearts of Environmentalist if it chooses Tanzania in Oil Pipeline Project
The signs are clear that Uganda is considering Tanzania Northeastern Port of Tanga as the most profitable route for it’s oil export pipeline project other than Kenya’s Lamu. This move is likely to be a thorn in Kenya’s foot if the amount of technical investment East Africa’s economic powerhouse has incurred to bring the project