Tanzania College of Business Education (CBE) announced it will reform metrology program to include Oil and gas professional training in its bid to prepare citizenry to tap in the budding oil and gas sector. The East African nation is estimated to be sitting on total of about 60 trillion cubic feet (TCF) of recoverable natural
Singaporean Minister asks Uganda to go slow on Oil and Emphasize Agriculture
Uganda should not to be excited by the potential prospects the oil industry seems to present, a Singaporean Minister urged . Dr Koh Poh Koon, who heads the ministry of Trade and Industry of the Southeast Asian Nation said that Uganda must concentrate on improving agriculture as the major economic base much as the oil
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
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
Uganda should opt for Tanzania in the Oil Export Pipeline Deal
By William G. Naggaga… It was reported recently that the French oil giant, Total, was ready to finance the building of a crude oil pipeline from Uganda’s Albertine Graben to the Tanzanian port of Tanga. The pipeline would cost an estimated $4 billion (Shs13 trillion) and Total had already secured the required funding. The revelation was
Kenya Official says Tanzania had nothing to do in Uganda-Kenya Oil pipeline meeting
Tanzania was not involved in Uganda-Kenya oil pipeline negotiations because the issues discussed were exclusive for the two countries, a Kenyan Official said. Kenya Presidency Spokesman Manoah Esipisu told reporters in Nairobi that Tanzania was isolated deliberately because it had nothing to do with the issues on the agenda. “Monday meeting was bilateral. As you
Kenya Officials in Uganda Oil Pipeline Project say were denied entry into Tanzania’s Port Tanga
A team from Kenya Oil ministry assigned to a fact finding mission on the viability of Uganda Oil Pipeline export routes suffered setbacks after allegedly being denied entry into Port of Tanga by Tanzania Officials. The team was created following a meeting between Uganda President Yoweri Museveni and Kenya’s Leader Uhuru Kenyatta, respective oil ministry
Uganda’s Prime Minister Commissions Ikamiro-Kingfisher Road
In 2006, Uganda discovered an oil field that is now locally known as the Kingfisher Oil Field. Plans for extracting oil were delayed due to several reasons, but one of the biggest obstacles that the government faced was access to the site. The oil field can only be approached by helicopter or on water, making it difficult for
French Giant Total willing to Fund Construction of Uganda Crude Oil Pipeline to Tanzania
Tanzanian Presidency said French giant Total is willing to Fund the construction of a crude Oil export pipeline from Uganda oil fields to Tanzania Port town of Tanga. The remarks from Tanzania presidency came following a meeting between Total Chief Executive Javier Rielo and Tanzania President John Pombe Magufuli. “Javier Rielo assured President John Magufuli