News

Crude Oil Pipeline To Dominate Talks As Museveni Visits Tanzania

1 Mins read

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.

Related posts
News

Government Communicators Urged To Counter Disinformation

3 Mins read
The Assistant Resident City Commissioner (RCC) of Arua, Judith Bako, has called for stronger collaboration between Government communicators and security agencies to…
News

Chinese National Arrested in Uganda’s Illegal Gambling Bust

1 Mins read
A Chinese national is in police custody following a major crackdown on illegal gambling operations in Uganda. Authorities seized a massive haul…
News

Businessman Asiimwe Spends Night At Luzira Prison Over Shs66m Debt

3 Mins read
Embattled city businessman and Company Director at Taifa Partners Ltd and Integrated Agritech (U) Ltd, Emmanuel Asiimwe spent a night at Luzira…