Uganda’s President Yoweri Museveni is in Tanzania to attend an oil and gas meeting, and later hold bilateral talks with his Tanzanian counterpart Samia Suluhu Hassan.
President Museveni, according to aides, will give a keynote speech during the private sector organised symposium that is set to discuss opportunities presented by the 1,445km East African Crude Oil Pipeline (EACOP) project.
“Arrived in Tanzania, where I will hold bilateral talks with President Samia Suluhu Hassan. We will be discussing the various opportunities and prospects that the East African Crude Oil Pipeline (EACOP) project presents to the East African Community,” President Museveni tweeted on Saturday evening.
Museveni together with President Suluhu, will hold talks on the progress of the $3.5 billion EACOP project to be jointly constructed between the two countries, and which is expected to connect Uganda’s oil fields to Tanzania’s port of Tanga.
The two countries in April this year signed the Host Government Agreement, Share Holder Agreement (for the pipeline company) and Tariff agreements, three key agreements to kick off the construction of the East African Crude Oil Pipeline (EACOP) with France’s total and China’s CNOOC.
